55, NEW BEACON ROAD, GRANTHAM, NG31 9JS - £188,000

55 NEW BEACON ROAD is a small detached house of 102m², built sometime between 1930 and 1949. It was last sold for £188,000 in December 2019, which was around 38% below the average December 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

55 NEW BEACON ROAD Sold Prices

Land registry data shows two sales for 55 NEW BEACON ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 55 NEW BEACON ROAD 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
2019 10 DEC	£188,000	£303,832	38% below HPI
2003 24 JAN	£102,000	£169,853	40% below HPI

55 NEW BEACON ROAD 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 two 55 NEW BEACON ROAD sales from January 2003 and December 2019 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 2003 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the December 2019 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 55 NEW BEACON ROAD?

55 NEW BEACON ROAD is 102m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 40% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 55 NEW BEACON ROAD lies on this distribution: 39% of detached houses are smaller than 55 NEW BEACON ROAD, and 60% of houses are larger. Note that EPC data is not available for all properties in Grantham.

55 NEW BEACON ROAD: Plot and Title Map

55 NEW BEACON ROAD sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 55 NEW BEACON ROAD, 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 55 NEW BEACON ROAD). 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 55 NEW BEACON ROAD?

55 NEW BEACON ROAD is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 55 on NEW BEACON ROAD.