3 Railway Terrace, Grantham, NG31 6NB is a freehold terraced property built between 1900-1929. The property offers approximately 1,216 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £151,736 , which equates to approximately £125 per square foot. It was last sold on 20 Jun 2003 for £63,500. Since then, the value has increased by £88,236, representing a 139.0% increase, or approximately 6.2% per year.

The current estimated value of £151,736 is:

  • 20.6% higher than the average property price on Railway Terrace
  • 26.0% higher than the average in the NG31 6NB postcode area
  • and 36.6% lower than the average price for Grantham as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 26 September 2022, the property was recorded as rented.

View sold house prices in NG31 6NB

Building approximate location

About Property

Type
Terraced House
Built
1900-1929
Interior Size
1216 sq ft
Tenure
Freehold
Price (estimate)
£151,736
Price Per sq ft (estimate)
£125
Bedroom Count (estimate)
4 bedrooms

EPC Summary

3 Railway Terrace, Grantham, South Kesteven, Lincolnshire, NG31 6NB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 26 Sep 2022.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 19 Jul 2017, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 27.3%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, insulated, improving energy efficiency from very poor to good.
  • The lighting was updated from low energy lighting in 58% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, insulated
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NG31 6NB

2 nd / 10
Price Rank
26% higher than average
2 nd / 9
Size Rank
69% bigger than average
7 th / 9
Price Per Sq FT Rank
25% lower than average

Compared to other properties in NG31 6NB , this house's estimated value ranks 2nd out of 10. Based on price per square foot, it ranks 7th out of 9 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 2nd out of 9 properties in its postcode area.

Sale History

Today
£151,736
streetscan.co.uk estimate
+139 %
20 Jun 2003
£63,500
Leasehold
+112 %
10 Oct 1996
£29,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1345 sq ft
sale price: £195,000
sale date: 23 Jun 2023
rooms: 5
size: 1184 sq ft
sale price: £31,500
sale date: 25 Aug 1998

Data Sources

The property at 3 Railway Terrace, Grantham, NG31 6NB appears two times in the Land Registry records, with the latest transaction recorded on 20 Jun 2003. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Sep 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.