56, VICTORIA STREET, GRANTHAM, NG31 7BW - £119,950

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.

56 VICTORIA STREET is a very small extended terraced house of 80m², built sometime between 1900 and 1929, which could now be worth an estimated £154,055. It was last sold for £119,950 in May 2019, which was around 19% below the average May 2019 terraced price in the South Kesteven local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

56 VICTORIA STREET Sold Prices

Land registry data shows four sales for 56 VICTORIA STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the South Kesteven local authority area for the corresponding sale date. All of the four 56 VICTORIA STREET 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 3 MAY	£119,950	£147,491	19% below HPI
2016 16 SEP	£105,000	£134,785	22% below HPI
2007 16 MAR	£110,000	£121,138	9% below HPI
2002 28 JUN	£52,000	£62,582	17% below HPI

56 VICTORIA STREET 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 four 56 VICTORIA STREET sales between June 2002 and May 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 September 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2019 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 56 VICTORIA STREET be worth now?

56 VICTORIA STREET might now be worth an estimated £154,055.

This is based on house price inflation of 28.4%, between May 2019 and June 2025, 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 28.4% inflationary increase is applied to the most recent sale price for 56 VICTORIA STREET of £119,950 on 3rd May 2019. For the value to have increased from £119,950 to £154,055 over the five years and eleven months to June 2025, the following assumptions must hold true:

• The value of 56 VICTORIA STREET has moved in line with the HPI for terraced houses in the South Kesteven local authority area.
• The May 2019 sale price of £119,950 represented a fair market value for the property.
• The size, condition, and specification of 56 VICTORIA STREET has not materially changed since May 2019.

How Large is 56 VICTORIA STREET?

56 VICTORIA STREET is 80m², which includes two extensions, according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% 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 56 VICTORIA STREET lies on this distribution: 18% of terraced houses houses are smaller than 56 VICTORIA STREET, and 81% of houses are larger. Note that EPC data is not available for all properties in Grantham.

56 VICTORIA STREET: Plot and Title Map

56 VICTORIA STREET sits on a plot of roughly 0.026 of an acre, or 105m². The below map shows the location of 56 VICTORIA STREET, 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 56 VICTORIA STREET). 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 56 VICTORIA STREET?

56 VICTORIA STREET is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 56 on VICTORIA STREET.