12, BELL CLOSE, GONERBY HILL FOOT, GRANTHAM, NG31 8GJ - £250,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 BELL CLOSE is a small extended detached house of 84m², built sometime between 1996 and 2002. It was last sold for £250,000 in December 2021, which was around 28% below the average December 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

12 BELL CLOSE Sold Prices

Land registry data shows four sales for 12 BELL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 12 BELL 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
2021 20 DEC	£250,000	£349,401	28% below HPI
2017 22 AUG	£184,950	£288,774	36% below HPI
2000 3 NOV	£86,950	£111,551	22% below HPI
1996 23 JAN	£60,000	£68,842	13% below HPI

12 BELL 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 four 12 BELL CLOSE sales between January 1996 and December 2021 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 2017 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 12 BELL CLOSE?

12 BELL CLOSE is 84m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the smallest 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 12 BELL CLOSE lies on this distribution: 21% of detached houses are smaller than 12 BELL CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Grantham.

12 BELL CLOSE: Plot and Title Map

12 BELL CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 12 BELL 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 12 BELL 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 12 BELL CLOSE?

12 BELL CLOSE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 12 on BELL CLOSE.