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Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 34, Heath Farm Lane, Grantham is £391,655 and its rental estimate is £1,337 per month, given the available information and assuming reasonable condition.
Heath Farm Lane, Grantham, NG31 falls within the NG31 postal district, in the borough of South Kesteven.
34, Heath Farm Lane, Grantham has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 34, Heath Farm Lane, Grantham, we estimate a market value of £411,238 and a rental value of £1,404 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £364,239 and £1,243 per month respectively.
Over the last year, 34, Heath Farm Lane, Grantham has seen its estimated sale value fall by £16,396 (4.2%) and its estimated rental value move up by £24 per month (1.8%). This results in an estimated gross rental yield of 4.1%.
HM Land Registry records the plot of land for 34, Heath Farm Lane, Grantham as measuring 1,241 m2.
That makes it the 7th largest plot in the postcode, where all 8 other houses have recorded plot data.
34, Heath Farm Lane, Grantham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Mar 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
The most recent sale of 34, Heath Farm Lane, Grantham completed on 17th March 2006 at £149,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Over the past 2 years 3 properties similar to 34, Heath Farm Lane, Grantham have sold within a radius of 2.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st May 2021, was 14, Harrowby Lane, Grantham, NG31 9HB, a freehold house which sold for £388,000.
Read more about house prices in NG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 8 addresses on Heath Farm Lane, Grantham, NG31, 34, Heath Farm Lane, Grantham comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £182k more expensive than the average property across the NG31 district.
From 34, Heath Farm Lane, Grantham, the nearest station is Grantham, 3.3 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 34, Heath Farm Lane, 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 34, Heath Farm Lane, 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 34, Heath Farm Lane, 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 34, Heath Farm Lane, 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 34, Heath Farm Lane, 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.