Luarca, Grantham
Luarca, Grantham
Description & Estimates
According to the public record, Luarca, Grantham is a mid-century freehold house with 839 ft2 of internal area and sits on a 749 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Luarca, Grantham is £299,402 and the estimated rental value is £1,135 per month.
School Lane, Old Somerby, Grantham, NG33 is located in the borough of South Kesteven within the NG33 postal district.
Our Data Sources
Luarca, Grantham has 41 entries in the Land Registry , most recently in August 2023 and a single entry in the EPC database dated October 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 Luarca, Grantham is in very good condition we estimate a sale value of £314,372 and a rental value of £1,192 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,444 and a rental value of £1,056 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Luarca, Grantham has decreased by £10,509 (3.5%), while its estimated rental value has grown by £19 per month (1.7%). Based on current estimates, the property offers a gross rental yield of 4.5%.
Plot Size
According to data from HM Land Registry, Luarca, Grantham sits on a plot of 749 m2.
We have plot size data on 14 out of 20 other houses in the postcode and Luarca, Grantham sits on the 7th largest plot.
Energy Efficiency
Luarca, Grantham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Oct 2020.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, oil.
Sold Prices
According to HM Land Registry, Luarca, Grantham was last sold on 8th August 2023 for £325,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since August 2023, the market for similar properties has dropped by 0.8%.
- Sold Aug 2023£325,000
- Sold Mar 2021£249,000
- Sold Nov 2013£160,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Luarca, Grantham within a radius of 4.0 kilometres over the last 2 years.
The most recent example is The Conifers, School Lane, Grantham, NG33 4AQ, a freehold house which sold for £335,000 on the 30th June 2021.
Read more about house prices in NG33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
School Lane, Old Somerby, Grantham, NG33 has a total of 64 addresses. According to our analysis of all the public data, Luarca, Grantham is the 55th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £18k less expensive than the average property in NG33.
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Schools Nearby
- 2.9kmThe Ropsley Church of England Primary School
- 3.9kmBelmont Community Primary School
- 4.3kmSt Anne's Church of England Primary School, Grantham
- 4.8kmKesteven and Grantham Girls' School
- 5.4kmThe King's School, Grantham
- 5.8kmWalton Academy
More reading links
Public Transport Nearby
The closest station to Luarca, Grantham is Grantham station, which is 5.0 kilometres away.
- 5.0kmGrantham
- 10.8kmAncaster
- 12.8kmRauceby
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
