9, ST GEORGES WAY, GRANTHAM, NG31 9GJ - £187,000

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.

9 ST GEORGES WAY is a very small detached house of 74m², built sometime between 1996 and 2002, which could now be worth an estimated £212,474. It was last sold for £187,000 in August 2021, which was around 42% below the average August 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

9 ST GEORGES WAY Sold Prices

Land registry data shows four sales for 9 ST GEORGES WAY 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. All of the four 9 ST GEORGES 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
2021 13 AUG	£187,000	£322,587	42% below HPI
2017 7 MAR	£150,000	£270,738	45% below HPI
2006 15 JUN	£136,000	£216,897	37% below HPI
2002 4 OCT	£92,950	£153,056	39% below HPI

9 ST GEORGES 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 four 9 ST GEORGES WAY sales between October 2002 and August 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 March 2017 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the August 2021 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 9 ST GEORGES WAY be worth now?

9 ST GEORGES WAY might now be worth an estimated £212,474.

This is based on house price inflation of 13.6%, between August 2021 and March 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 13.6% inflationary increase is applied to the most recent sale price for 9 ST GEORGES WAY of £187,000 on 13th August 2021. For the value to have increased from £187,000 to £212,474 over the four years and five months to March 2025, the following assumptions must hold true:

• The value of 9 ST GEORGES WAY has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The August 2021 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 9 ST GEORGES WAY has not materially changed since August 2021.

How Large is 9 ST GEORGES WAY?

9 ST GEORGES WAY is 74m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 20% 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 9 ST GEORGES WAY lies on this distribution: 12% of detached houses houses are smaller than 9 ST GEORGES WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Grantham.

9 ST GEORGES WAY: Plot and Title Map

9 ST GEORGES WAY sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 9 ST GEORGES 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 9 ST GEORGES 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 9 ST GEORGES WAY?

9 ST GEORGES WAY is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 9 on ST GEORGES WAY.