4 Commercial Road, Grantham, NG31 6DB is a freehold terraced property built before 1900. The property offers approximately 1,023 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £103,578 , which equates to approximately £101 per square foot. It was last sold on 10 May 2019 for £80,000. Since then, the value has increased by £23,578, representing a 29.5% increase, or approximately 4.4% per year.

The current estimated value of £103,578 is:

  • 28.2% lower than the average property price on Commercial Road
  • 18.9% lower than the average in the NG31 6DB postcode area
  • and 56.8% lower than the average price for Grantham as a whole

At the most recent EPC inspection on 8 July 2023, the property was recorded as rented.

View sold house prices in NG31 6DB

Building approximate location

About Property

Type
Terraced House
Built
before 1900
Interior Size
1023 sq ft
Tenure
Freehold
Price (estimate)
£103,578
Price Per sq ft (estimate)
£101
Bedroom Count (estimate)
3 bedrooms

EPC Summary

4 Commercial Road, Grantham, South Kesteven, Lincolnshire, NG31 6DB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 8 Jul 2023.

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 24 Jan 2018, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 38.9%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water system was changed from from main system, no cylinder thermostat to from main system, with its energy efficiency improving from poor to good.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 400+ mm loft insulation, improving energy efficiency from average to very good.
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 400+ mm loft insulation
Very Good
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NG31 6DB

27 th / 41
Price Rank
19% lower than average
13 th / 35
Size Rank
13% bigger than average
31 st / 35
Price Per Sq FT Rank
28% lower than average

Compared to other properties in NG31 6DB , this house's estimated value ranks 27th out of 41. Based on price per square foot, it ranks 31th out of 35 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 13th out of 35 properties in its postcode area.

Sale History

Today
£103,578
streetscan.co.uk estimate
+29 %
10 May 2019
£80,000
Leasehold
+6.7 %
4 May 2018
£75,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1001 sq ft
sale price: £117,000
sale date: 15 Sep 2023
rooms: 5
size: 947 sq ft
sale price: £132,000
sale date: 3 Apr 2023
rooms: 5
size: 1098 sq ft
sale price: £135,000
sale date: 30 Jan 2023
rooms: 5
size: 1087 sq ft
sale price: £86,000
sale date: 4 Feb 2022
rooms: 5
size: 1012 sq ft
sale price: £130,000
sale date: 14 Jan 2022

Data Sources

The property at 4 Commercial Road, Grantham, NG31 6DB appears two times in the Land Registry records, with the latest transaction recorded on 10 May 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Jul 2023. 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.


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