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According to the public record, 2, Earls Place, Grantham is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,060 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Earls Place, Grantham is £523,111 and the estimated rental value is £1,600 per month.
Earls Place, Harrowby, Grantham, NG31 is located in the borough of South Kesteven within the NG31 postal district.
2, Earls Place, Grantham has a single entry in the Land Registry from September 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 2, Earls Place, Grantham is in very good condition we estimate a sale value of £549,266 and a rental value of £1,680 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £486,493 and a rental value of £1,488 per month.
Over the last 12 months the sale value of 2 Earls Place Grantham has decreased by an estimated £11,912 (2.3%) and its rental value has increased by an estimated £39 per month (2.4%), giving an expected gross yield of 3.7%.
According to HM Land Registry, 2, Earls Place, Grantham was last sold on 24th September 2021 for £385,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2021, the market for similar properties has dropped 10.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Earls Place, Grantham within a radius of 1.3 kilometres over the last 2 years.
The most recent example is Iron Oak Farm, Hall Lane, Grantham, NG31 9HA, a freehold house which sold for £160,000 on the 28th March 2023.
Read more about house prices in NG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Earls Place, Harrowby, Grantham, NG31 has a total of 4 addresses. According to our analysis of all the public data, 2, Earls Place, Grantham is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £308k more expensive than the average property in NG31.
The closest station to 2, Earls Place, Grantham is Grantham station which is 2.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Earls Place, Grantham, 50.8% of property is privately owned outright and 32.5% is privately owned with a mortgage.
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 2, Earls Place, Grantham, 14.4% of residents are recorded as possessing school level qualifications and 33.7% 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 2, Earls Place, 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 2, Earls Place, Grantham, 1.0% 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 2, Earls Place, Grantham, there are an average of 1.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.