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According to the public record, Highways, Grantham is a mid-century freehold house with 1,625 ft2 of internal area and sits on a 743 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 Highways, Grantham is £445,345 and the estimated rental value is £1,326 per month.
Gorse Lane, Grantham, NG31 is located in the borough of South Kesteven within the NG31 postal district.
Highways, Grantham has a single entry in the Land Registry from July 2017 and a single entry in the EPC database dated January 2014.
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 Highways, Grantham is in very good condition we estimate a sale value of £467,613 and a rental value of £1,392 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £414,171 and a rental value of £1,233 per month.
Over the last 12 months the sale value of Highways Grantham has decreased by an estimated £9,644 (2.2%) and its rental value has increased by an estimated £34 per month (2.5%), giving an expected gross yield of 3.6%.
According to data from HM Land Registry, Highways, Grantham sits on a plot of 743m2.
We have plot size data on 15 out of 18 other houses in the postcode and Highways, Grantham sits on the 12th largest plot.
Highways, Grantham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jan 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Highways, Grantham was last sold on 25th July 2017 for £299,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2017, the market for similar properties has risen 47.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Highways, Grantham within a radius of 1.5 kilometres over the last 2 years.
The most recent example is Holly House, Gorse Lane, Grantham, NG31 7UE, a leasehold house which sold for £480,000 on the 30th January 2023.
Read more about house prices in NG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gorse Lane, Grantham, NG31 has a total of 40 addresses. According to our analysis of all the public data, Highways, Grantham is the 12th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £231k more expensive than the average property in NG31.
The closest station to Highways, Grantham is Grantham station which is 2.0 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 Highways, Grantham, 69.6% of property is privately owned outright and 13.8% 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 Highways, Grantham, 9.5% of residents are recorded as possessing school level qualifications and 17.2% 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 Highways, Grantham, the average age was 39.1 and the most common age was 32.
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 Highways, Grantham, 2.7% 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 Highways, 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.