8, CAVENDISH WAY, GRANTHAM, NG31 9FP - £223,000

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.

8 CAVENDISH WAY is a large detached house of 134m², built in 2008, which could now be worth an estimated £420,362. It was last sold for £223,000 in July 2009, which was around 15% above the average July 2009 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2012, where the current energy rating was C, and the potential energy rating was B.

8 CAVENDISH WAY Sold Prices

Land registry data shows one sale for 8 CAVENDISH WAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2009 24 JUL	£223,000	£194,395	15% above HPI

What might 8 CAVENDISH WAY be worth now?

8 CAVENDISH WAY might now be worth an estimated £420,362.

This is based on house price inflation of 88.5%, between July 2009 and May 2026, 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 88.5% inflationary increase is applied to the most recent sale price for 8 CAVENDISH WAY of £223,000 on 24th July 2009. For the value to have increased from £223,000 to £420,362 over the seventeen years and two months to May 2026, the following assumptions must hold true:

• The value of 8 CAVENDISH WAY has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The July 2009 sale price of £223,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CAVENDISH WAY has not materially changed since July 2009.

How Large is 8 CAVENDISH WAY?

8 CAVENDISH WAY is 134m² according to the EPC inspection conducted in April 2012. This puts it in the largest 30% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 8 CAVENDISH WAY lies on this distribution: 72% of detached houses are smaller than 8 CAVENDISH WAY, and 28% of detached houses are larger. Note that EPC data is not available for all properties in Grantham.

8 CAVENDISH WAY: Plot

8 CAVENDISH WAY sits on a plot of roughly 0.098 of an acre, or 397m².

Where is 8 CAVENDISH WAY?

8 CAVENDISH WAY is located in GRANTHAM, in the NG31 postcode district.