16, ACORN CLOSE, GRANTHAM, NG31 9JN - £242,000

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

16 ACORN CLOSE is a very small detached house of 77m², built sometime between 1991 and 1995. It was last sold for £242,000 in June 2020, which was around 22% below the average June 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

16 ACORN CLOSE Sold Prices

Land registry data shows four sales for 16 ACORN 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 16 ACORN 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
2020 19 JUN	£242,000	£310,401	22% below HPI
2018 2 OCT	£195,000	£306,579	36% below HPI
2002 19 MAR	£30,630	£130,396	77% below HPI
1999 23 APR	£79,000	£89,617	12% below HPI

16 ACORN 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 16 ACORN CLOSE sales between April 1999 and June 2020 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 October 2018 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2020 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 16 ACORN CLOSE?

16 ACORN CLOSE is 77m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 20% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 16 ACORN CLOSE lies on this distribution: 15% of detached houses are smaller than 16 ACORN CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Grantham.

16 ACORN CLOSE: Plot and Title Map

16 ACORN CLOSE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 16 ACORN 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 16 ACORN 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 16 ACORN CLOSE?

16 ACORN CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 16 on ACORN CLOSE.