5 Commercial Road, Grantham, NG31 6DB is a freehold terraced property built before 1900. The property offers approximately 1,001 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 £118,175 , which equates to approximately £118 per square foot. It was last sold on 15 Sep 2023 for £117,000. Since then, the value has increased by £1,175, representing a 1.0% increase, or approximately 0.4% per year.

The current estimated value of £118,175 is:

  • 18.1% lower than the average property price on Commercial Road
  • 7.4% lower than the average in the NG31 6DB postcode area
  • and 50.7% lower than the average price for Grantham as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as rented both times. This suggests the property has often been rented out, which may indicate use as an investment or buy-to-let.

At the most recent EPC inspection on 11 January 2025, 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
1001 sq ft
Tenure
Freehold
Price (estimate)
£118,175
Price Per sq ft (estimate)
£118
Bedroom Count (estimate)
3 bedrooms

EPC Summary

5 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 11 Jan 2025.

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 1 Jun 2023, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 25%.

Since the previous assessment, several changes were observed:

  • 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 wall energy efficiency changing from poor to very 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, 200 mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NG31 6DB

24 th / 41
Price Rank
7% lower than average
15 th / 35
Size Rank
11% bigger than average
26 th / 35
Price Per Sq FT Rank
17% lower than average

Compared to other properties in NG31 6DB , this house's estimated value ranks 24th out of 41. Based on price per square foot, it ranks 26th 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 15th out of 35 properties in its postcode area.

Sale History

Today
£118,175
streetscan.co.uk estimate
+1 %
15 Sep 2023
£117,000
Leasehold
+33.7 %
6 Jun 2018
£87,500
Leasehold

Area Insights

Similar Properties Sold Nearby

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: 861 sq ft
sale price: £70,500
sale date: 17 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 5 Commercial Road, Grantham, NG31 6DB appears two times in the Land Registry records, with the latest transaction recorded on 15 Sep 2023. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 11 Jan 2025. 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.