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According to the public record, 5, Abbey Lane, Grantham is a mid-century freehold house with 1,603 ft2 of internal area and sits on a 866 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 5, Abbey Lane, Grantham is £669,168 and the estimated rental value is £2,224 per month.
Abbey Lane, Sedgebrook, Grantham, NG32 is located in the borough of South Kesteven within the NG32 postal district.
5, Abbey Lane, Grantham has 31 entries in the Land Registry , most recently in February 2014 and a single entry in the EPC database dated September 2012.
We combine this information with that 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.
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 5, Abbey Lane, Grantham is in very good condition we estimate a sale value of £702,626 and a rental value of £2,335 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £622,326 and a rental value of £2,068 per month.
Over the last 12 months the sale value of 5 Abbey Lane Grantham has decreased by an estimated £17,950 (2.7%) and its rental value has increased by an estimated £60 per month (2.7%), giving an expected gross yield of 4%.
According to data from HM Land Registry, 5, Abbey Lane, Grantham sits on a plot of 866m2.
We have plot size data on 13 out of 17 other houses in the postcode and 5, Abbey Lane, Grantham sits on the 4th largest plot.
5, Abbey Lane, Grantham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Sep 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Abbey Lane, Grantham was last sold on 7th February 2014 for £235,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since February 2014, the market for similar properties has risen 51.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Abbey Lane, Grantham within a radius of 3.9 kilometres over the last 2 years.
The most recent example is 1, Skerry Lane, Nottingham, NG13 0FJ, a freehold house which sold for £630,000 on the 24th May 2023.
Read more about house prices in NG32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Abbey Lane, Sedgebrook, Grantham, NG32 has a total of 17 addresses. According to our analysis of all the public data, 5, Abbey Lane, Grantham is the 5th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £315k more expensive than the average property in NG32.
The closest station to 5, Abbey Lane, Grantham is Bottesford station which is 5.0 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 5, Abbey Lane, Grantham, 51.8% of property is privately owned outright and 36.0% 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 5, Abbey Lane, Grantham, 12.7% of residents are recorded as possessing school level qualifications and 37.7% 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 5, Abbey Lane, Grantham, the average age was 48.9 and the most common age was 72.
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 5, Abbey 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 5, Abbey Lane, Grantham, there are an average of 2.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.