1, HOLLYWOOD CLOSE, GONERBY HILL FOOT, GRANTHAM, NG31 8GR - £426,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 HOLLYWOOD CLOSE is a large detached house of 147m², built sometime between 1991 and 1995, which could now be worth an estimated £431,809. It was last sold for £426,000 in October 2024, which was around 17% above the average October 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was C.

1 HOLLYWOOD CLOSE Sold Prices

Land registry data shows three sales for 1 HOLLYWOOD 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 HOLLYWOOD CLOSE sales were for above 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
2024 11 OCT	£426,000	£363,381	17% above HPI
2002 31 MAY	£160,000	£135,565	18% above HPI
1999 2 JUL	£131,000	£89,445	46% above HPI

1 HOLLYWOOD 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 HOLLYWOOD CLOSE sales between July 1999 and October 2024 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 May 2002 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the October 2024 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 1 HOLLYWOOD CLOSE be worth now?

1 HOLLYWOOD CLOSE might now be worth an estimated £431,809.

This is based on house price inflation of 1.4%, between October 2024 and December 2024, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.4% inflationary increase is applied to the most recent sale price for 1 HOLLYWOOD CLOSE of £426,000 on 11th October 2024. For the value to have increased from £426,000 to £431,809 over the ten months to December 2024, the following assumptions must hold true:

• The value of 1 HOLLYWOOD CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The October 2024 sale price of £426,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HOLLYWOOD CLOSE has not materially changed since October 2024.

How Large is 1 HOLLYWOOD CLOSE?

1 HOLLYWOOD CLOSE is 147m² according to the EPC inspection conducted in September 2015. This puts it in the largest 20% of detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 1 HOLLYWOOD CLOSE lies on this distribution: 80% of detached houses houses are smaller than 1 HOLLYWOOD CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Grantham.

1 HOLLYWOOD CLOSE: Plot and Title Map

1 HOLLYWOOD CLOSE sits on a plot of roughly 0.181 of an acre, or 733m². The below map shows the location of 1 HOLLYWOOD 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 HOLLYWOOD 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 HOLLYWOOD CLOSE?

1 HOLLYWOOD CLOSE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 1 on HOLLYWOOD CLOSE.