11, BROOMWOOD CLOSE, GONERBY HILL FOOT, GRANTHAM, NG31 8GU - £259,950

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

11 BROOMWOOD CLOSE is a large extended detached house of 136m², built sometime between 1983 and 1990. It was last sold for £259,950 in June 2017, which was around 8% below the average June 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

11 BROOMWOOD CLOSE Sold Prices

Land registry data shows three sales for 11 BROOMWOOD 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 11 BROOMWOOD 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
2017 26 JUN	£259,950	£282,729	8% below HPI
2005 1 SEP	£193,325	£216,587	11% below HPI
2003 1 JUL	£178,500	£179,990	1% below HPI

11 BROOMWOOD 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 11 BROOMWOOD CLOSE sales between July 2003 and June 2017 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 September 2005 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2017 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 11 BROOMWOOD CLOSE?

11 BROOMWOOD CLOSE is 136m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the largest 30% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 11 BROOMWOOD CLOSE lies on this distribution: 73% of detached houses are smaller than 11 BROOMWOOD CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Grantham.

11 BROOMWOOD CLOSE: Plot and Title Map

11 BROOMWOOD CLOSE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 11 BROOMWOOD 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 11 BROOMWOOD 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 11 BROOMWOOD CLOSE?

11 BROOMWOOD CLOSE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 11 on BROOMWOOD CLOSE.