5, THE DRIFT, HARLAXTON, GRANTHAM, NG32 1AE - £157,000

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.

5 THE DRIFT is a very small extended semi-detached house of 83m², built sometime before 1900, which could now be worth an estimated £271,227. It was last sold for £157,000 in October 2011, which was around 15% above the average October 2011 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2011, where the current energy rating was F, and the potential energy rating was E.

5 THE DRIFT Sold Prices

Land registry data shows two sales for 5 THE DRIFT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 5 THE DRIFT 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
2011 19 OCT	£157,000	£137,083	15% above HPI
1996 29 JUL	£59,000	£44,083	34% above HPI

5 THE DRIFT Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 5 THE DRIFT sales from July 1996 and October 2011 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 1996 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the October 2011 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 5 THE DRIFT be worth now?

5 THE DRIFT might now be worth an estimated £271,227.

This is based on house price inflation of 72.8%, between October 2011 and June 2025, for semi-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 72.8% inflationary increase is applied to the most recent sale price for 5 THE DRIFT of £157,000 on 19th October 2011. For the value to have increased from £157,000 to £271,227 over the fourteen years and four months to June 2025, the following assumptions must hold true:

• The value of 5 THE DRIFT has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The October 2011 sale price of £157,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE DRIFT has not materially changed since October 2011.

How Large is 5 THE DRIFT?

5 THE DRIFT is 83m², which includes two extensions, according to the EPC inspection conducted in June 2011. This puts it in the smallest 20% of semi-detached houses houses in Harlaxton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Harlaxton, and where 5 THE DRIFT lies on this distribution: 13% of semi-detached houses houses are smaller than 5 THE DRIFT, and 87% of houses are larger. Note that EPC data is not available for all properties in Harlaxton.

5 THE DRIFT: Plot and Title Map

5 THE DRIFT sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 5 THE DRIFT, 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 5 THE DRIFT). 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 5 THE DRIFT?

5 THE DRIFT is located in HARLAXTON, in the NG32 postcode district. The below map shows the position of No. 5 on THE DRIFT.