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2, School Lane, Grantham is recorded publicly as a period freehold house across 1,528 ft2 of internal area, sitting on a 724 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, School Lane, Grantham is £456,027 and its rental estimate is £1,533 per month, given the available information and assuming reasonable condition.
School Lane, Wilsford, Grantham, NG32 falls within the NG32 postal district, in the borough of North Kesteven.
2, School Lane, Grantham has 41 entries in the Land Registry , most recently in June 2024 and a single entry in the EPC database dated October 2023.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, School Lane, Grantham, we estimate a market value of £478,828 and a rental value of £1,610 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £424,105 and £1,426 per month respectively.
Over the last year, 2, School Lane, Grantham has seen its estimated sale value drop by £12,232 (2.7%) and its estimated rental value rise by £41 per month (2.7%). This results in an estimated gross rental yield of 4.0%.
HM Land Registry records the plot of land for 2, School Lane, Grantham as measuring 724 m2.
That makes it the 7th largest plot in the postcode, where 14 of the 28 other houses have recorded plot data.
2, School Lane, Grantham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Oct 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, B30K.
The most recent sale of 2, School Lane, Grantham completed on 14th June 2024 at £480,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 12.5% over the period since June 2024.
Over the past 2 years 3 properties similar to 2, School Lane, Grantham have sold within a radius of 3.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th June 2016, was 84, Main Street, Grantham, NG32 3NR, a freehold house which sold for £371,750.
Read more about house prices in NG32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 28 addresses on School Lane, Wilsford, Grantham, NG32, 2, School Lane, Grantham comes out as the 8th largest and the 10th most expensive in our analysis of the public data.
It is also £102k more expensive than the average property across the NG32 district.
From 2, School Lane, Grantham, the nearest station is Ancaster, 2.5 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, School Lane, Grantham, 35.8% of property is privately owned outright and 29.4% is socially 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 2, School Lane, Grantham, 18.6% of residents are recorded as possessing school level qualifications and 34.3% 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 50.6 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, 0.9% 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 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.