1, CARMARTHEN CLOSE, GRANTHAM, NG31 8TX - £245,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 CARMARTHEN CLOSE is a midsized extended detached house of 110m², built sometime between 1996 and 2002. It was last sold for £245,000 in June 2020, which was around 21% below the average June 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2019, where the current energy rating was A, and the potential energy rating was A.

1 CARMARTHEN CLOSE Sold Prices

Land registry data shows five sales for 1 CARMARTHEN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the five 1 CARMARTHEN 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
2020 19 JUN	£245,000	£310,401	21% below HPI
2014 24 NOV	£180,000	£237,784	24% below HPI
2013 20 FEB	£175,000	£214,610	18% below HPI
2004 27 FEB	£164,950	£187,515	12% below HPI
2001 30 APR	£82,645	£117,024	29% below HPI

1 CARMARTHEN 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 five 1 CARMARTHEN CLOSE sales between April 2001 and June 2020 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 November 2014 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2020 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 1 CARMARTHEN CLOSE?

1 CARMARTHEN CLOSE is 110m², which includes two extensions, according to the EPC inspection conducted in September 2019. This puts it in the smallest 50% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 1 CARMARTHEN CLOSE lies on this distribution: 48% of detached houses are smaller than 1 CARMARTHEN CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Grantham.

1 CARMARTHEN CLOSE: Plot and Title Map

1 CARMARTHEN CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 1 CARMARTHEN 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 1 CARMARTHEN 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 1 CARMARTHEN CLOSE?

1 CARMARTHEN CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 1 on CARMARTHEN CLOSE.