1, MOORTOWN CLOSE, GRANTHAM, NG31 9GG - £116,500

1 MOORTOWN CLOSE is a very small detached house of 53m², built sometime between 1996 and 2002. It was last sold for £116,500 in February 2013, which was around 46% below the average February 2013 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

1 MOORTOWN CLOSE Sold Prices

Land registry data shows three sales for 1 MOORTOWN 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 MOORTOWN 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
2013 8 FEB	£116,500	£214,610	46% below HPI
2004 5 MAR	£128,000	£188,092	32% below HPI
1999 22 OCT	£69,950	£95,784	27% below HPI

1 MOORTOWN 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 MOORTOWN CLOSE sales between October 1999 and February 2013 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 March 2004 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2013 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 1 MOORTOWN CLOSE?

1 MOORTOWN CLOSE is 53m² according to the EPC inspection conducted in June 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 MOORTOWN CLOSE lies on this distribution: 1% of detached houses are smaller than 1 MOORTOWN CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Grantham.

1 MOORTOWN CLOSE: Plot and Title Map

1 MOORTOWN CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 1 MOORTOWN 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 MOORTOWN 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 MOORTOWN CLOSE?

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