1, OAKHAM CLOSE, GRANTHAM, NG31 8TG - £195,500

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 OAKHAM CLOSE is a large extended detached house of 122m², built sometime between 1996 and 2002. It was last sold for £195,500 in July 2004, which was around 3% below the average July 2004 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

1 OAKHAM CLOSE Sold Prices

Land registry data shows two sales for 1 OAKHAM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 1 OAKHAM 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
2004 2 JUL	£195,500	£201,007	3% below HPI
2001 8 AUG	£117,995	£122,880	4% below HPI

1 OAKHAM 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 two 1 OAKHAM CLOSE sales from August 2001 and July 2004 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 2001 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2004 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 1 OAKHAM CLOSE?

1 OAKHAM CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 40% 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 OAKHAM CLOSE lies on this distribution: 63% of detached houses are smaller than 1 OAKHAM CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Grantham.

1 OAKHAM CLOSE: Plot and Title Map

1 OAKHAM CLOSE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 1 OAKHAM 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 OAKHAM 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 OAKHAM CLOSE?

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