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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, School Lane, Grantham is a period house with 947 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, School Lane, Grantham is £342,608 and the estimated rental value is £1,273 per month.
School Lane, Buckminster, Grantham, NG33 is located in the borough of Melton within the NG33 postal district.
2, School Lane, Grantham has no records in the the Land Registry and a single entry in the EPC database dated June 2019.
We combine this information with public data 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 2, School Lane, Grantham is in very good condition we estimate a sale value of £359,738 and a rental value of £1,336 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £318,625 and a rental value of £1,184 per month.
Over the last 12 months the sale value of 2 School Lane Grantham has decreased by an estimated £12,025 (3.5%) and its rental value has increased by an estimated £21 per month (1.7%), giving an expected gross yield of 4.5%.
2, School Lane, Grantham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Jun 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, School Lane, Grantham within a radius of 5.2 kilometres over the last 2 years.
The most recent example is 2, Water Lane, Grantham, NG33 5PD, a freehold house which sold for £380,000 on the 28th September 2023.
Read more about house prices in NG33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
School Lane, Buckminster, Grantham, NG33 has a total of 4 addresses. According to our analysis of all the public data, 2, School Lane, Grantham is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £25k more expensive than the average property in NG33.
The closest station to 2, School Lane, Grantham is Grantham station which is 13.1 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, School Lane, Grantham, 65.4% of property is privately rented and 19.6% is privately owned outright.
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, School Lane, Grantham, 13.5% 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 2, School Lane, Grantham, the average age was 47.8 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, School Lane, Grantham, 1.5% 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, School Lane, 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.
