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NG31

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New builds in NG31: what they really sell for.

13 new-build homes sold in NG31 in the last 12 months, 2% of all sales. New detached homes sold for a median £332,995, 5.7% more than existing ones.

Grantham, covering Belmont, Belvoir, Grantham Arnoldfield, Grantham Barrowby Gate, Grantham Earlesfield, Grantham Harrowby, Grantham Springfield, Grantham St Vincent's.

New homes sold

13

2% of sales, last 12 months

New-build premium

+5.7%

Detached homes

Resold, vs market

+15.2%

Market +20.9%

Energy bills

~£624/yr

25% have solar

Developments

Where new homes have sold

New streets with three or more new-build sales in the last two years. Price per m² uses floor areas from each home's energy certificate.

Barrowby RoadNG31 8YH · detached · 10 sold · latest Nov 2025
£289k–£440k£3,166/m²
Queen Eleanor AvenueNG31 8PT · detached, semi-detached · 10 sold · latest Sept 2025
£260k–£370k£3,253/m²
Preston WayNG31 8QR · detached, semi-detached · 4 sold · latest Sept 2025
£245k–£300k£3,132/m²

The premium

New against existing homes

Median sold prices over the last two years. New homes are often a different size, so this is a guide rather than a like-for-like comparison.

Detached

+5.7%

New £333k · existing £315k

26 new-build sales

Semi-detached

+30.0%

New £260k · existing £200k

7 new-build sales

Resale

Do new builds in NG31 hold their value?

Bought new, resold

+15.2%

Local market, same years

+20.9%

Kept pace

51 of 176

Typically held 4.4 years

Homes in NG31 that Land Registry records as bought new and later resold, against the UK house price index for the same type of home and years. Shared-ownership first sales are left out.

Running costs

What new homes here cost to run

Energy bills

~£624/yr

Typical 96 m² home

Typical rating

EPC B

Solar panels

25%

of homes

Heat pumps

0%

of homes

From the energy certificates of 20 recently built homes. Certificate costs use standard assumptions, so compare them rather than budget on them. A typical older D-rated home costs nearer £1,800 a year.

HM Land Registry price paid data, standard sales only, to September 2026. New homes appear once their sale is registered, usually a few weeks after completion.

Questions

How much more do new builds cost in NG31?

Over the last two years, new detached homes in NG31 sold for a median £332,995 against £315,000 for existing ones, a difference of +5.7%. New homes are often a different size or spec, so compare price per square metre for a specific plot.

Do new builds in NG31 hold their value?

176 homes in NG31 bought new and later resold changed by a median +15.2%, typically after 4.4 years. The local market moved +20.9% over the same periods, so buyers of new homes generally lost some of the new-build premium.

Which new developments are selling in NG31?

Recent new-build sales recorded by Land Registry in NG31 include Barrowby Road, Queen Eleanor Avenue, Preston Way. New streets appear once the first homes complete.

How do I know if a new build in NG31 is fairly priced?

Compare the asking price per square metre with plots already sold on the development, allow for the new-build premium, and negotiate extras as well as price. Proptel's new-build check does this for one plot for £9.99, with the extras to ask for and a letter for the sales office.

© 2026 Proptel · Property data for buyers