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 MOORTOWN CLOSE is a very small extended detached house of 70m², built sometime between 1996 and 2002. It was last sold for £208,300 in October 2021, which was around 39% below the average October 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 12 MOORTOWN CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the five 12 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 |
---|---|---|---|
2021 29 OCT | £208,300 | £341,775 | 39% below HPI |
2011 23 DEC | £125,000 | £220,954 | 43% below HPI |
2005 15 NOV | £135,000 | £214,318 | 37% below HPI |
2002 15 FEB | £92,500 | £127,310 | 27% below HPI |
2000 29 JUL | £69,950 | £108,268 | 35% below HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The five 12 MOORTOWN CLOSE sales between July 2000 and October 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 December 2011 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the October 2021 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.
12 MOORTOWN CLOSE is 70m², which includes one extension, according to the EPC inspection conducted in July 2021. 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 12 MOORTOWN CLOSE lies on this distribution: 10% of detached houses are smaller than 12 MOORTOWN CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Grantham.
12 MOORTOWN CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 12 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 12 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.
12 MOORTOWN CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 12 on MOORTOWN CLOSE.