1, REEDINGS CLOSE, BARROWBY, GRANTHAM, NG32 1AX - £250,000

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 REEDINGS CLOSE is a midsized extended detached house of 102m², built sometime between 1967 and 1975. It was last sold for £250,000 in April 2019, which was around 17% below the average April 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.

1 REEDINGS CLOSE Sold Prices

Land registry data shows two sales for 1 REEDINGS 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 REEDINGS 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
2019 18 APR	£250,000	£300,397	17% below HPI
2007 27 MAR	£164,500	£233,679	30% below HPI

1 REEDINGS 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 REEDINGS CLOSE sales from March 2007 and April 2019 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 2007 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2019 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 1 REEDINGS CLOSE?

1 REEDINGS CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 50% of detached houses in Barrowby, based on EPC data. The below chart shows the distribution of detached houses by size in Barrowby, and where 1 REEDINGS CLOSE lies on this distribution: 40% of detached houses are smaller than 1 REEDINGS CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Barrowby.

1 REEDINGS CLOSE: Plot and Title Map

1 REEDINGS CLOSE sits on a plot of roughly 0.131 of an acre, or 531m². The below map shows the location of 1 REEDINGS 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 REEDINGS 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 REEDINGS CLOSE?

1 REEDINGS CLOSE is located in BARROWBY, in the NG32 postcode district. The below map shows the position of No. 1 on REEDINGS CLOSE.