TREE TOPS, GONERBY ROAD, GONERBY HILL FOOT, GRANTHAM, NG31 8HU - £390,000

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.

TREE TOPS is a large detached house of 142m², built sometime between 1967 and 1975, which could now be worth an estimated £484,941. It was last sold for £390,000 in January 2020, which was around 32% above the average January 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

TREE TOPS Sold Prices

Land registry data shows two sales for TREE TOPS 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 TREE TOPS sales were for above 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
2020 27 JAN	£390,000	£296,308	32% above HPI
2006 4 JUL	£305,000	£221,188	38% above HPI

TREE TOPS 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 TREE TOPS sales from July 2006 and January 2020 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 July 2006 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the January 2020 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might TREE TOPS be worth now?

TREE TOPS might now be worth an estimated £484,941.

This is based on house price inflation of 24.3%, between January 2020 and June 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 24.3% inflationary increase is applied to the most recent sale price for TREE TOPS of £390,000 on 27th January 2020. For the value to have increased from £390,000 to £484,941 over the four years and seven months to June 2025, the following assumptions must hold true:

• The value of TREE TOPS has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The January 2020 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of TREE TOPS has not materially changed since January 2020.

How Large is TREE TOPS?

TREE TOPS is 142m² according to the EPC inspection conducted in May 2019. This puts it in the largest 30% 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 TREE TOPS lies on this distribution: 77% of detached houses houses are smaller than TREE TOPS, and 23% of houses are larger. Note that EPC data is not available for all properties in Grantham.

TREE TOPS: Plot and Title Map

TREE TOPS sits on a plot of roughly 0.459 of an acre, or 1,856m². The below map shows the location of TREE TOPS, 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 TREE TOPS). 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 TREE TOPS?

TREE TOPS is located on GONERBY ROAD in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of TREE TOPS on GONERBY ROAD.