8, MARRATTS LANE, GREAT GONERBY, GRANTHAM, NG31 8LS - £162,500

8 MARRATTS LANE is a midsized detached house of 111m², built sometime between 1967 and 1975. It was last sold for £162,500 in February 2015, which was around 31% below the average February 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2010, where the current energy rating was C, and the potential energy rating was C.

8 MARRATTS LANE Sold Prices

Land registry data shows two sales for 8 MARRATTS LANE 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 8 MARRATTS LANE 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
2015 27 FEB	£162,500	£236,722	31% below HPI
2002 1 AUG	£115,000	£148,342	22% below HPI

8 MARRATTS LANE 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 8 MARRATTS LANE sales from August 2002 and February 2015 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 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2015 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 8 MARRATTS LANE?

8 MARRATTS LANE is 111m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 50% of detached houses in Great Gonerby, based on EPC data. The below chart shows the distribution of detached houses by size in Great Gonerby, and where 8 MARRATTS LANE lies on this distribution: 47% of detached houses are smaller than 8 MARRATTS LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Great Gonerby.

8 MARRATTS LANE: Plot and Title Map

8 MARRATTS LANE sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 8 MARRATTS LANE, 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 8 MARRATTS LANE). 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 8 MARRATTS LANE?

8 MARRATTS LANE is located in GREAT GONERBY, in the NG31 postcode district. The below map shows the position of No. 8 on MARRATTS LANE.