7, MANCHESTER WAY, GRANTHAM, NG31 8RR - £109,950

7 MANCHESTER WAY is a very small detached house of 50m², built sometime between 1983 and 1990. It was last sold for £109,950 in May 2013, which was around 48% below the average May 2013 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

7 MANCHESTER WAY Sold Prices

Land registry data shows two sales for 7 MANCHESTER WAY 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 7 MANCHESTER WAY 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
2013 20 MAY	£109,950	£212,669	48% below HPI
1996 15 JAN	£48,000	£68,842	30% below HPI

7 MANCHESTER WAY 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 7 MANCHESTER WAY sales from January 1996 and May 2013 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 1996 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2013 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 7 MANCHESTER WAY?

7 MANCHESTER WAY is 50m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 7 MANCHESTER WAY lies on this distribution: 1% of detached houses are smaller than 7 MANCHESTER WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Grantham.

7 MANCHESTER WAY: Plot and Title Map

7 MANCHESTER WAY sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 7 MANCHESTER WAY, 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 7 MANCHESTER WAY). 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 7 MANCHESTER WAY?

7 MANCHESTER WAY is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 7 on MANCHESTER WAY.