75, SPRINGFIELD ROAD, GRANTHAM, NG31 7BG - £56,000

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.

75 SPRINGFIELD ROAD is a very small extended terraced house of 64m², built sometime between 1900 and 1929, which could now be worth an estimated £78,483. It was last sold for £56,000 in March 2017, which was around 59% below the average March 2017 terraced price in the South Kesteven local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

75 SPRINGFIELD ROAD Sold Prices

Land registry data shows one sale for 75 SPRINGFIELD ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2017 24 MAR	£56,000	£135,019	59% below HPI

What might 75 SPRINGFIELD ROAD be worth now?

75 SPRINGFIELD ROAD might now be worth an estimated £78,483.

This is based on house price inflation of 40.1%, between March 2017 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 40.1% inflationary increase is applied to the most recent sale price for 75 SPRINGFIELD ROAD of £56,000 on 24th March 2017. For the value to have increased from £56,000 to £78,483 over the eight years and ten months to May 2026, the following assumptions must hold true:

• The value of 75 SPRINGFIELD ROAD has moved in line with the HPI for terraced houses in the South Kesteven local authority area.
• The March 2017 sale price of £56,000 represented a fair market value for the property.
• The size, condition, and specification of 75 SPRINGFIELD ROAD has not materially changed since March 2017.

How Large is 75 SPRINGFIELD ROAD?

75 SPRINGFIELD ROAD is 64m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 20% of terraced houses in Grantham, based on EPC data. The below chart shows the distribution of terraced houses by size in Grantham, and where 75 SPRINGFIELD ROAD lies on this distribution: 19% of terraced houses are smaller than 75 SPRINGFIELD ROAD, and 80% of terraced houses are larger. Note that EPC data is not available for all properties in Grantham.

75 SPRINGFIELD ROAD: Plot

75 SPRINGFIELD ROAD sits on a plot of roughly 0.021 of an acre, or 87m².

Where is 75 SPRINGFIELD ROAD?

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