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According to the public record, 3, Lodge Way, Grantham is a mid-century freehold house with 1,323 ft2 of internal area and sits on a 698 m2 plot.
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 3, Lodge Way, Grantham is £311,365 and the estimated rental value is £1,142 per month.
Lodge Way, Grantham, NG31 is located in the borough of South Kesteven within the NG31 postal district.
3, Lodge Way, Grantham has 2 entries in the Land Registry , most recently in July 2022 and a single entry in the EPC database dated July 2022.
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 3, Lodge Way, Grantham is in very good condition we estimate a sale value of £326,933 and a rental value of £1,199 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £289,569 and a rental value of £1,062 per month.
Over the last 12 months the sale value of 3 Lodge Way Grantham has decreased by an estimated £6,742 (2.2%) and its rental value has increased by an estimated £29 per month (2.5%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, 3, Lodge Way, Grantham sits on a plot of 698m2.
We have plot size data on 25 out of 30 other houses in the postcode and 3, Lodge Way, Grantham sits on the 2nd largest plot.
3, Lodge Way, Grantham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Jul 2022.
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, 3, Lodge Way, Grantham was last sold on 19th July 2022 for £325,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since July 2022, the market for similar properties has risen 27.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Lodge Way, Grantham within a radius of 690 metres over the last 2 years.
The most recent example is 11, Lodge Way, Grantham, NG31 8DD, a freehold house which sold for £325,000 on the 17th June 2024.
Read more about house prices in NG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lodge Way, Grantham, NG31 has a total of 56 addresses. According to our analysis of all the public data, 3, Lodge Way, Grantham is the 10th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £97k more expensive than the average property in NG31.
The closest station to 3, Lodge Way, Grantham is Grantham station which is 1.3 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Lodge Way, Grantham, 41.3% of property is privately owned outright and 37.2% 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 3, Lodge Way, Grantham, 16.5% of residents are recorded as possessing school level qualifications and 32.0% 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 3, Lodge Way, Grantham, the average age was 43.7 and the most common age was 12.
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 3, Lodge 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 3, Lodge Way, Grantham, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.