1, CHICHESTER CLOSE, GRANTHAM, NG31 8AS - £170,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 CHICHESTER CLOSE is a very small extended detached house of 57m², built sometime between 1967 and 1975. It was last sold for £170,000 in June 2014, which was around 25% below the average June 2014 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2012, where the current energy rating was B, and the potential energy rating was A.

1 CHICHESTER CLOSE Sold Prices

Land registry data shows three sales for 1 CHICHESTER 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 1 CHICHESTER 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
2014 9 JUN	£170,000	£226,693	25% below HPI
2011 15 NOV	£130,000	£217,550	40% below HPI
1999 6 JUL	£68,950	£90,942	24% below HPI

1 CHICHESTER 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 1 CHICHESTER CLOSE sales between July 1999 and June 2014 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 2011 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2014 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 1 CHICHESTER CLOSE?

1 CHICHESTER CLOSE is 57m², which includes one extension, according to the EPC inspection conducted in May 2012. 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 1 CHICHESTER CLOSE lies on this distribution: 3% of detached houses are smaller than 1 CHICHESTER CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Grantham.

1 CHICHESTER CLOSE: Plot and Title Map

1 CHICHESTER CLOSE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 1 CHICHESTER 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 CHICHESTER 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 CHICHESTER CLOSE?

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