16, COVILL CLOSE, GREAT GONERBY, GRANTHAM, NG31 8PP - £196,364

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

16 COVILL CLOSE is a very small detached house of 76m², built sometime between 1991 and 1995. It was last sold for £196,364 in September 2021, which was around 40% below the average September 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

16 COVILL CLOSE Sold Prices

Land registry data shows five sales for 16 COVILL 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 16 COVILL 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 SEP	£196,364	£329,642	40% below HPI
2021 21 APR	£195,000	£327,868	41% below HPI
2007 19 JUN	£158,000	£236,995	33% below HPI
1999 10 DEC	£67,000	£95,111	30% below HPI
1995 24 JAN	£63,500	£69,482	9% below HPI

16 COVILL 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 16 COVILL CLOSE sales between January 1995 and September 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 April 2021 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the September 2021 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 16 COVILL CLOSE?

16 COVILL CLOSE is 76m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses in Great Gonerby, based on EPC data. The below chart shows the distribution of detached houses by size in Great Gonerby, and where 16 COVILL CLOSE lies on this distribution: 6% of detached houses are smaller than 16 COVILL CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Great Gonerby.

16 COVILL CLOSE: Plot and Title Map

16 COVILL CLOSE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 16 COVILL 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 COVILL 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 COVILL CLOSE?

16 COVILL CLOSE is located in GREAT GONERBY, in the NG31 postcode district. The below map shows the position of No. 16 on COVILL CLOSE.