15, RAVENDALE CLOSE, GRANTHAM, NG31 8BS - £204,000

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

15 RAVENDALE CLOSE is a small detached house of 87m², built sometime between 1983 and 1990. It was last sold for £204,000 in July 2017, which was around 28% below the average July 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2013, where the current energy rating was B, and the potential energy rating was A.

15 RAVENDALE CLOSE Sold Prices

Land registry data shows five sales for 15 RAVENDALE CLOSE since 1^st 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 15 RAVENDALE 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 31 JUL	£204,000	£284,275	28% below HPI
2007 22 FEB	£167,500	£228,746	27% below HPI
2005 28 JAN	£150,000	£210,110	29% below HPI
2002 12 AUG	£115,500	£148,342	22% below HPI
1999 14 MAY	£64,500	£89,660	28% below HPI

15 RAVENDALE 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 five 15 RAVENDALE CLOSE sales between May 1999 and July 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 February 2007 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2017 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 15 RAVENDALE CLOSE?

15 RAVENDALE CLOSE is 87m² according to the EPC inspection conducted in November 2013. 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 15 RAVENDALE CLOSE lies on this distribution: 24% of detached houses are smaller than 15 RAVENDALE CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Grantham.

15 RAVENDALE CLOSE: Plot and Title Map

15 RAVENDALE CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 15 RAVENDALE 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 15 RAVENDALE 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 15 RAVENDALE CLOSE?

15 RAVENDALE CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 15 on RAVENDALE CLOSE.