40, LIME GROVE, GRANTHAM, NG31 9JD - £146,500

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.

40 LIME GROVE is a small extended terraced house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £251,207. It was last sold for £146,500 in February 2012, which was around 31% above the average February 2012 terraced price in the South Kesteven local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

40 LIME GROVE Sold Prices

Land registry data shows two sales for 40 LIME GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the South Kesteven local authority area for the corresponding sale date. Both of the two 40 LIME GROVE sales were for above 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
2012 3 FEB	£146,500	£112,138	31% above HPI
2011 5 JAN	£107,500	£106,102	1% above HPI

40 LIME GROVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Kesteven local authority area over time, sourced from the HPI. The two 40 LIME GROVE sales from January 2011 and February 2012 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 January 2011 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the February 2012 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 40 LIME GROVE be worth now?

40 LIME GROVE might now be worth an estimated £251,207.

This is based on house price inflation of 71.5%, between February 2012 and April 2026, for terraced 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 71.5% inflationary increase is applied to the most recent sale price for 40 LIME GROVE of £146,500 on 3rd February 2012. For the value to have increased from £146,500 to £251,207 over the thirteen years and ten months to April 2026, the following assumptions must hold true:

• The value of 40 LIME GROVE has moved in line with the HPI for terraced houses in the South Kesteven local authority area.
• The February 2012 sale price of £146,500 represented a fair market value for the property.
• The size, condition, and specification of 40 LIME GROVE has not materially changed since February 2012.

How Large is 40 LIME GROVE?

40 LIME GROVE is 83m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% of terraced houses houses in Grantham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Grantham, and where 40 LIME GROVE lies on this distribution: 21% of terraced houses houses are smaller than 40 LIME GROVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Grantham.

40 LIME GROVE: Plot and Title Map

40 LIME GROVE sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 40 LIME GROVE, 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 40 LIME GROVE). 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 40 LIME GROVE?

40 LIME GROVE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 40 on LIME GROVE.