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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Cavendish Way, Grantham is £296,060 and the estimated rental value is £1,171 per month.
Cavendish Way, Grantham, NG31 is located in the borough of South Kesteven within the NG31 postal district.
16, Cavendish Way, Grantham has 2 entries in the Land Registry , most recently in May 2021 and a single entry in the EPC database dated November 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 16, Cavendish Way, Grantham is in very good condition we estimate a sale value of £310,863 and a rental value of £1,229 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £275,336 and a rental value of £1,089 per month.
Over the last 12 months the sale value of 16 Cavendish Way Grantham has decreased by an estimated £6,411 (2.2%) and its rental value has increased by an estimated £30 per month (2.5%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, 16, Cavendish Way, Grantham sits on a plot of 246m2.
We have plot size data on 12 out of 12 other houses in the postcode and 16, Cavendish Way, Grantham sits on the 6th largest plot.
16, Cavendish Way, Grantham has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Nov 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 16, Cavendish Way, Grantham was last sold on 14th May 2021 for £274,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2021, the market for similar properties has risen 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Cavendish Way, Grantham within a radius of 770 metres over the last 2 years.
The most recent example is 31, Tom Childs Close, Grantham, NG31 9FR, a freehold house which sold for £272,400 on the 2nd September 2024.
Read more about house prices in NG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cavendish Way, Grantham, NG31 has a total of 49 addresses. According to our analysis of all the public data, 16, Cavendish Way, Grantham is the 4th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £81k more expensive than the average property in NG31.
The closest station to 16, Cavendish Way, Grantham is Grantham station which is 2.9 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 16, Cavendish Way, Grantham, 43.4% of property is privately owned with a mortgage and 38.8% is privately rented.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 16, Cavendish Way, Grantham, 25.2% of residents are recorded as possessing school level qualifications and 29.3% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 16, Cavendish Way, Grantham, the average age was 45.7 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 16, Cavendish Way, Grantham, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 16, Cavendish Way, Grantham, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.