3 Prospect Place

    3, PROSPECT PLACE, GRANTHAM, GRANTHAM, NG31 8DB

    This terraced freehold property on Prospect Place last sold in May 2004 for £67,500. Based on price growth in the NG31 district since then, its estimated current value is £122,049 — placing it in the 7th percentile nationally and the 10th percentile within NG31. The property covers 65 m² (700 sq ft), giving an estimated value of £1,878 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    65 m²

    (700 sq ft)

    Last Sale Price

    £67,500

    May 2004

    Estimated Valuation

    £122,049

    Est. £/m²

    £1,878/m²

    £174/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area65 m² (700 sq ft)
    EPC dateDec 2024
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 May 2004

    £67,500

    2 Jan 2003

    £45,000

    Key Metrics

    Estimated valuation£122,049
    Value per m² / sq ft£1,878/m² (£174/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG31 district percentile10th percentile
    National percentile7th 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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