4, FARNDALE CRESCENT, GRANTHAM, NG31 8DR - £167,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 FARNDALE CRESCENT is a very small detached house of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £245,475. It was last sold for £167,950 in October 2015, which was around 33% below the average October 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

4 FARNDALE CRESCENT Sold Prices

Land registry data shows three sales for 4 FARNDALE CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 4 FARNDALE CRESCENT sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 6 OCT	£167,950	£250,775	33% below HPI
2013 19 JUL	£141,000	£218,868	36% below HPI
2009 21 AUG	£123,450	£198,597	38% below HPI

4 FARNDALE CRESCENT Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 4 FARNDALE CRESCENT sales between August 2009 and October 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2013 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2015 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 4 FARNDALE CRESCENT be worth now?

4 FARNDALE CRESCENT might now be worth an estimated £245,475.

This is based on house price inflation of 46.2%, between October 2015 and March 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 46.2% inflationary increase is applied to the most recent sale price for 4 FARNDALE CRESCENT of £167,950 on 6th October 2015. For the value to have increased from £167,950 to £245,475 over the ten years and seven months to March 2025, the following assumptions must hold true:

• The value of 4 FARNDALE CRESCENT has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The October 2015 sale price of £167,950 represented a fair market value for the property.
• The size, condition, and specification of 4 FARNDALE CRESCENT has not materially changed since October 2015.

How Large is 4 FARNDALE CRESCENT?

4 FARNDALE CRESCENT is 65m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 4 FARNDALE CRESCENT lies on this distribution: 6% of detached houses houses are smaller than 4 FARNDALE CRESCENT, and 94% of houses are larger. Note that EPC data is not available for all properties in Grantham.

4 FARNDALE CRESCENT: Plot and Title Map

4 FARNDALE CRESCENT sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 4 FARNDALE CRESCENT, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 4 FARNDALE CRESCENT). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 4 FARNDALE CRESCENT?

4 FARNDALE CRESCENT is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 4 on FARNDALE CRESCENT.