1, DURHAM CLOSE, GRANTHAM, NG31 8RH - £155,000

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 DURHAM CLOSE is a very small extended detached house of 81m², built sometime between 1976 and 1982. It was last sold for £155,000 in May 2010, which was around 27% below the average May 2010 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

1 DURHAM CLOSE Sold Prices

Land registry data shows three sales for 1 DURHAM 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 DURHAM 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
2010 12 MAY	£155,000	£212,840	27% below HPI
2009 14 AUG	£120,000	£201,921	41% below HPI
2001 2 FEB	£76,750	£114,874	33% below HPI

1 DURHAM 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 DURHAM CLOSE sales between February 2001 and May 2010 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 August 2009 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2010 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 1 DURHAM CLOSE?

1 DURHAM CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% 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 DURHAM CLOSE lies on this distribution: 19% of detached houses are smaller than 1 DURHAM CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Grantham.

1 DURHAM CLOSE: Plot and Title Map

1 DURHAM CLOSE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 1 DURHAM 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 DURHAM 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 DURHAM CLOSE?

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