78, CLIFFE ROAD, GONERBY HILL FOOT, GRANTHAM, NG31 8HP - £307,500

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.

78 CLIFFE ROAD is a midsized extended detached house of 114m², built sometime between 1950 and 1966, which could now be worth an estimated £350,561. It was last sold for £307,500 in June 2021, which was around 5% below the average June 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

78 CLIFFE ROAD Sold Prices

Land registry data shows four sales for 78 CLIFFE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. The four 78 CLIFFE ROAD sales were a mix of below the average price, and roughly equal to 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
2021 22 JUN	£307,500	£323,184	5% below HPI
2014 14 AUG	£218,000	£227,957	4% below HPI
2005 25 OCT	£215,000	£214,643	Close to HPI
1998 16 OCT	£62,000	£87,182	29% below HPI

78 CLIFFE 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 four 78 CLIFFE ROAD sales between October 1998 and June 2021 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 August 2014 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2021 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 78 CLIFFE ROAD be worth now?

78 CLIFFE ROAD might now be worth an estimated £350,561.

This is based on house price inflation of 14%, between June 2021 and June 2025, for 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 14% inflationary increase is applied to the most recent sale price for 78 CLIFFE ROAD of £307,500 on 22nd June 2021. For the value to have increased from £307,500 to £350,561 over the four years to June 2025, the following assumptions must hold true:

• The value of 78 CLIFFE ROAD has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The June 2021 sale price of £307,500 represented a fair market value for the property.
• The size, condition, and specification of 78 CLIFFE ROAD has not materially changed since June 2021.

How Large is 78 CLIFFE ROAD?

78 CLIFFE ROAD is 114m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 50% of detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 78 CLIFFE ROAD lies on this distribution: 53% of detached houses houses are smaller than 78 CLIFFE ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Grantham.

78 CLIFFE ROAD: Plot and Title Map

78 CLIFFE ROAD sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 78 CLIFFE 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 78 CLIFFE 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 78 CLIFFE ROAD?

78 CLIFFE ROAD is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 78 on CLIFFE ROAD.