7, SPRINGFIELD ROAD, GRANTHAM, NG31 7BL - £84,950

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.

7 SPRINGFIELD ROAD is a terraced house, which could now be worth an estimated £139,295. It was last sold for £84,950 in September 2008, which was around 26% below the average September 2008 terraced price in the South Kesteven local authority area.

7 SPRINGFIELD ROAD Sold Prices

Land registry data shows two sales for 7 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the South Kesteven local authority area for the corresponding sale date. Both of the two 7 SPRINGFIELD ROAD 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
2008 29 SEP	£84,950	£115,401	26% below HPI
1999 8 APR	£19,950	£40,663	51% below HPI

What might 7 SPRINGFIELD ROAD be worth now?

7 SPRINGFIELD ROAD might now be worth an estimated £139,295.

This is based on house price inflation of 64%, between September 2008 and May 2026, for terraced 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 64% inflationary increase is applied to the most recent sale price for 7 SPRINGFIELD ROAD of £84,950 on 29th September 2008. For the value to have increased from £84,950 to £139,295 over the eighteen years and four months to May 2026, the following assumptions must hold true:

• The value of 7 SPRINGFIELD ROAD has moved in line with the HPI for terraced houses in the South Kesteven local authority area.
• The September 2008 sale price of £84,950 represented a fair market value for the property.
• The size, condition, and specification of 7 SPRINGFIELD ROAD has not materially changed since September 2008.

Where is 7 SPRINGFIELD ROAD?

7 SPRINGFIELD ROAD is located in GRANTHAM, in the NG31 postcode district.