Gorse Lane - NG31 7UE
Key Postcode Insights
NG31 7UE is a residential postcode situated on Gorse Lane, Grantham, NG31 with 30 addresses.
It ranks as the 748th largest and 758th most expensive of the 1,016 postcodes in the NG31 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 30 properties: 18 houses and 12 flats.
- Ave. Sale Price
- £273,720
- 10 Year change
- up 36.4%
- Ave. Rental Price
- £944pcm
- 10 Year change
- up 53.5%
- Ave. £ per ft²
- £232/ft²
- Ave. Gross Yield
- 4.1%/year/yr
Key Postcode Insights
NG31 7UE is a residential postcode situated on Gorse Lane, Grantham, NG31 with 30 addresses.
It ranks as the 748th largest and 758th most expensive of the 1,016 postcodes in the NG31 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 30 properties: 18 houses and 12 flats.
- Ave. Sale Price
- £273,720
- 10 Year change
- up 36.4%
- Ave. Rental Price
- £944pcm
- 10 Year change
- up 53.5%
- Ave. £ per ft²
- £232/ft²
- Ave. Gross Yield
- 4.1%/year/yr
Sales Market Trends
The last sale in NG31 7UE sold for £480,000 on 30th January 2023. Since then prices are up an average of 1.4%.
The current average value in the postcode is £273,720.
The NG31 7UE Sales Market has increased by 36.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.1% | £273,720 |
| June 2025 | 1.8% | £276,860 |
| June 2024 | 0.5% | £271,963 |
| June 2023 | 3.1% | £270,727 |
| June 2022 | 9.2% | £262,635 |
| June 2021 | 6.1% | £240,561 |
| June 2020 | 2.6% | £226,669 |
| June 2019 | 1.1% | £220,851 |
| June 2018 | 3.5% | £218,543 |
| June 2017 | 5.2% | £211,208 |
| June 2016 | 3.7% | £200,707 |
| June 2015 | 5.1% | £193,533 |
| June 2014 | 6% | £184,080 |
| June 2013 | 3% | £173,626 |
| June 2012 | -0.6% | £168,597 |
| June 2011 | -0.7% | £169,624 |
| June 2010 | 3.6% | £170,830 |
| June 2009 | -15.8% | £164,829 |
| June 2008 | -2.8% | £195,871 |
| June 2007 | 0% | £201,453 |
Rental Market Trends
The current average rental value in the postcode is £944.
The NG31 7UE Rental Market has increased by 53.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £944pcm |
| June 2025 | 3.6% | £915pcm |
| June 2024 | 4.9% | £883pcm |
| June 2023 | 8.9% | £842pcm |
| June 2022 | 7.4% | £773pcm |
| June 2021 | 7.9% | £720pcm |
| June 2020 | 1.8% | £668pcm |
| June 2019 | 2.4% | £655pcm |
| June 2018 | 0.4% | £640pcm |
| June 2017 | 3.7% | £638pcm |
| June 2016 | 4.7% | £615pcm |
| June 2015 | 3.5% | £587pcm |
| June 2014 | 1.2% | £568pcm |
| June 2013 | 0.8% | £561pcm |
| June 2012 | 1% | £557pcm |
| June 2011 | 3% | £551pcm |
| June 2010 | 2.3% | £535pcm |
| June 2009 | -6.7% | £523pcm |
| June 2008 | 2.3% | £561pcm |
| June 2007 | 0% | £548pcm |
Sales History
The last sale was on 30th January 2023 for £480,000 and since then the market in the area has increased by 1.4%. The postcode has had a total of 24 sales since 1995.
NG31 7UE has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jan 2023£480,000 | 4 Bed HouseHolly House, Gorse Lane, Grantham, NG31 7UEHolly House, Gorse Lane, Grantham, NG31 7UE
- Sold May 2021£200,000 | 3 Bed HouseLynton, Gorse Lane, Grantham, NG31 7UELynton, Gorse Lane, Grantham, NG31 7UE
- Sold Oct 2020£460,000 | 5 Bed HousePathways, Gorse Lane, Grantham, NG31 7UEPathways, Gorse Lane, Grantham, NG31 7UE
- Sold Jul 2017£299,995 | 4 Bed HouseHighways, Gorse Lane, Grantham, NG31 7UEHighways, Gorse Lane, Grantham, NG31 7UE
- Sold Feb 2016£190,000 | 5 Bed HousePathways, Gorse Lane, Grantham, NG31 7UEPathways, Gorse Lane, Grantham, NG31 7UE
Nearby Postcodes
NG31 7UE is the 748th largest and the 758th most expensive postcode out of the 1,016 postcodes in the NG31 area.
- NG31 7JQ, Denton Avenue, Grantham, NG31NG31 7JQ35 Addresses|618 m away
- NG31 7JH, Denton Avenue, Grantham, NG31NG31 7JH24 Addresses|653 m away
- NG31 7JG, Denton Avenue, Grantham, NG31NG31 7JG14 Addresses|661 m away
- NG31 7JF, Denton Avenue, Grantham, NG31NG31 7JF9 Addresses|665 m away
- NG31 7UB, Westside Avenue, Grantham, NG31NG31 7UB29 Addresses|710 m away
Property Types
- 1 modern house built after 1980
- 12 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 16 other addresses of unknown type
- modern house (1)
- mid-century house (12)
- house (1)
- Unknown (16)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is E.
- A (0)
- E (6)
- B (0)
- F (2)
- C (1)
- G (1)
- D (3)
- No EPC (17)
Top 3 Most Expensive Sales
- Sold Mar 2020£891,889 | 4 Bed HouseSpittlegate Farm, Gorse Lane, Grantham, NG31 7UFSpittlegate Farm, Gorse Lane, Grantham, NG31 7UF
- Sold Jan 2023£480,000 | 4 Bed HouseHolly House, Gorse Lane, Grantham, NG31 7UEHolly House, Gorse Lane, Grantham, NG31 7UE
- Sold Oct 2020£460,000 | 5 Bed HousePathways, Gorse Lane, Grantham, NG31 7UEPathways, Gorse Lane, Grantham, NG31 7UE
Schools Nearby
- West Grantham Church of England Primary Academy1.6 km away
- Huntingtower Community Primary Academy1.9 km away
- The Isaac Newton Primary School2.1 km away
- Walton Academy800 m away
- West Grantham Church of England Secondary Academy1.9 km away
- Kesteven and Grantham Girls' School2.9 km away
More reading links
Public Transport Nearby
The closest station to NG31 7UE is Grantham station, which is 2.0 kilometres away.
- Grantham|2.0 km away
- Bottesford|11.1 km away
- Ancaster|13.5 km away
- Elton & Orston|15.0 km away
