3, OSTLER CLOSE, GONERBY HILL FOOT, GRANTHAM, NG31 8QE - £220,000

3 OSTLER CLOSE is a very small detached house of 69m², built sometime between 1976 and 1982. It was last sold for £220,000 in May 2021, which was around 32% below the average May 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

3 OSTLER CLOSE Sold Prices

Land registry data shows three sales for 3 OSTLER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 3 OSTLER CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 11 MAY	£220,000	£325,001	32% below HPI
2014 10 JUN	£167,000	£226,693	26% below HPI
1999 26 NOV	£64,950	£95,626	32% below HPI

3 OSTLER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 3 OSTLER CLOSE sales between November 1999 and May 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 3 OSTLER CLOSE?

3 OSTLER CLOSE is 69m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 3 OSTLER CLOSE lies on this distribution: 9% of detached houses are smaller than 3 OSTLER CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Grantham.

3 OSTLER CLOSE: Plot and Title Map

3 OSTLER CLOSE sits on a plot of roughly 0.094 of an acre, or 379m². The below map shows the location of 3 OSTLER CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 OSTLER CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 3 OSTLER CLOSE?

3 OSTLER CLOSE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 3 on OSTLER CLOSE.