7 Richmond Drive

    7, RICHMOND DRIVE, GRANTHAM, NG31 8UD

    This detached freehold property on Richmond Drive last sold in July 2020 for £332,000. Based on price growth in the NG31 district since then, its estimated current value is £402,434 — placing it in the 68th percentile nationally and the 93rd percentile within NG31. The property covers 175 m² (1,884 sq ft), giving an estimated value of £2,300 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    175 m²

    (1,884 sq ft)

    Last Sale Price

    £332,000

    Jul 2020

    Estimated Valuation

    £402,434

    Est. £/m²

    £2,300/m²

    £214/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area175 m² (1,884 sq ft)
    EPC dateOct 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Jul 2020

    £332,000

    3 Dec 2014

    £249,950

    10 Oct 2013

    £245,000

    17 Apr 2003

    New build

    £219,995

    Key Metrics

    Estimated valuation£402,434
    Value per m² / sq ft£2,300/m² (£214/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NG31 district percentile93rd percentile
    National percentile68th 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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