Penrhyn Way - NG31 8XB
Key Postcode Insights
NG31 8XB is a residential postcode situated on Penrhyn Way, Grantham, NG31 with 34 addresses.
It ranks as the 806th largest and 838th most expensive of the 1,016 postcodes in the NG31 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 34 properties: 34 houses.
- Ave. Sale Price
- £306,391
- 10 Year change
- up 39.3%
- Ave. Rental Price
- £1,172pcm
- 10 Year change
- up 56.7%
- Ave. £ per ft²
- £219/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Key Postcode Insights
NG31 8XB is a residential postcode situated on Penrhyn Way, Grantham, NG31 with 34 addresses.
It ranks as the 806th largest and 838th most expensive of the 1,016 postcodes in the NG31 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 34 properties: 34 houses.
- Ave. Sale Price
- £306,391
- 10 Year change
- up 39.3%
- Ave. Rental Price
- £1,172pcm
- 10 Year change
- up 56.7%
- Ave. £ per ft²
- £219/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Explore Properties in NG31 8XB
- 2 Penrhyn Way
4 Bed Modern House
- 4 Penrhyn Way
4 Bed Modern House
- 6 Penrhyn Way
4 Bed Modern House
- 8 Penrhyn Way
4 Bed Modern House
- 10 Penrhyn Way
4 Bed Modern House
Sales Market Trends
The last sale in NG31 8XB sold for £312,500 on 26th March 2026. Since then prices are up an average of 0.9%.
The current average value in the postcode is £306,391.
The NG31 8XB Sales Market has increased by 39.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £306,391 |
| June 2025 | 2.2% | £310,176 |
| June 2024 | 0% | £303,590 |
| June 2023 | 3.2% | £303,573 |
| June 2022 | 9.4% | £294,247 |
| June 2021 | 7% | £268,959 |
| June 2020 | 2.9% | £251,317 |
| June 2019 | 1.1% | £244,224 |
| June 2018 | 4% | £241,550 |
| June 2017 | 5.6% | £232,261 |
| June 2016 | 4% | £220,000 |
| June 2015 | 5.3% | £211,555 |
| June 2014 | 5.8% | £200,893 |
| June 2013 | 3.1% | £189,819 |
| June 2012 | -0.2% | £184,047 |
| June 2011 | -0.3% | £184,401 |
| June 2010 | 5% | £184,882 |
| June 2009 | -14.7% | £176,124 |
| June 2008 | -2% | £206,386 |
| June 2007 | 0% | £210,601 |
Rental Market Trends
The current average rental value in the postcode is £1,172.
The NG31 8XB Rental Market has increased by 56.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,172pcm |
| June 2025 | 4% | £1,138pcm |
| June 2024 | 4.4% | £1,094pcm |
| June 2023 | 8.9% | £1,047pcm |
| June 2022 | 7.6% | £962pcm |
| June 2021 | 8.8% | £894pcm |
| June 2020 | 2.1% | £821pcm |
| June 2019 | 2.4% | £804pcm |
| June 2018 | 0.9% | £785pcm |
| June 2017 | 4.1% | £778pcm |
| June 2016 | 5% | £748pcm |
| June 2015 | 3.7% | £712pcm |
| June 2014 | 1% | £687pcm |
| June 2013 | 0.9% | £680pcm |
| June 2012 | 1.4% | £674pcm |
| June 2011 | 3.5% | £665pcm |
| June 2010 | 3.6% | £642pcm |
| June 2009 | -5.4% | £620pcm |
| June 2008 | 3.1% | £655pcm |
| June 2007 | 0% | £635pcm |
Sales History
The last recorded sale was on 26th March 2026 for £312,500 and since then the market in the area has increased by 0.9%.
NG31 8XB has had 3 sales since 1995, with 3 in the last three years and 2 in the last twelve months.
- Sold Mar 2026£312,500 | 4 Bed House41, Penrhyn Way, Grantham, NG31 8XB41, Penrhyn Way, Grantham, NG31 8XB
- Sold Sep 2025£315,000 | 4 Bed House23, Penrhyn Way, Grantham, NG31 8XB23, Penrhyn Way, Grantham, NG31 8XB
- Sold Jun 2025£315,000 | 4 Bed House31, Penrhyn Way, Grantham, NG31 8XB31, Penrhyn Way, Grantham, NG31 8XB
Nearby Postcodes
NG31 8XB is the 806th largest and the 838th most expensive postcode out of the 1,016 postcodes in the NG31 area.
- NG31 8XE, Penrhyn Way, Grantham, NG31NG31 8XE6 Addresses|33 m away
- NG31 8XD, Penrhyn Way, Grantham, NG31NG31 8XD6 Addresses|61 m away
- NG31 8XF, Helmsley Road, Grantham, NG31NG31 8XF30 Addresses|87 m away
- NG31 8WP, Beaumaris Way, Grantham, NG31NG31 8WP28 Addresses|113 m away
- NG31 8XJ, Glengorm Gardens, Grantham, NG31NG31 8XJ15 Addresses|116 m away
Property Types
- 34 modern houses built after 1980
- modern house (34)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 34 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (34)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Jun 2025£315,000 | 4 Bed House31, Penrhyn Way, Grantham, NG31 8XB31, Penrhyn Way, Grantham, NG31 8XB
- Sold Sep 2025£315,000 | 4 Bed House23, Penrhyn Way, Grantham, NG31 8XB23, Penrhyn Way, Grantham, NG31 8XB
- Sold Oct 2024£312,500 | 4 Bed House27, Penrhyn Way, Grantham, NG31 8XB27, Penrhyn Way, Grantham, NG31 8XB
Schools Nearby
- Poplar Farm School100 m away
- The Gonerby Hill Foot Church of England Primary School700 m away
- The St Sebastian's Church of England Primary School, Great Gonerby1.3 km away
- The Priory Ruskin Academy1.4 km away
- West Grantham Church of England Secondary Academy1.5 km away
- The King's School, Grantham1.6 km away
More reading links
Public Transport Nearby
The closest station to NG31 8XB is Grantham station, which is 2.2 kilometres away.
- Grantham|2.2 km away
- Bottesford|9.2 km away
- Ancaster|11.4 km away
- Elton & Orston|13.2 km away
