8 Commercial Road

    8, COMMERCIAL ROAD, GRANTHAM, GRANTHAM, NG31 6DB

    This terraced leasehold property on Commercial Road last sold in April 2002 for £24,000. Based on price growth in the NG31 district since then, its estimated current value is £68,557 — placing it in the 1st percentile nationally and the 1st percentile within NG31. The property covers 301 m² (3,240 sq ft), giving an estimated value of £228 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    301 m²

    (3,240 sq ft)

    Last Sale Price

    £24,000

    Apr 2002

    Estimated Valuation

    £68,557

    Est. £/m²

    £228/m²

    £21/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area301 m² (3,240 sq ft)
    EPC dateMay 2026
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Apr 2002

    £24,000

    Key Metrics

    Estimated valuation£68,557
    Value per m² / sq ft£228/m² (£21/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG31 district percentile1st percentile
    National percentile1st percentile

    District Context — NG31

    NG31 covers Grantham and surrounding villages in South Lincolnshire, positioned between the East Midlands and East Anglia. It is a market town area with a blend of established residential neighbourhoods and suburban character, offering practical family living with good transport links.

    Average Property Price - NG31

    £229,218

    21

    National percentile

    Average Net Household Income - NG31

    £38,659

    52

    National percentile

    10-Year Annualised Price Growth - NG31

    3.5%

    47

    National percentile

    10-Year Annualised Rent Growth - NG

    4.7%

    87

    National percentile

    View full analysis for NG31

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