16, GARDEN CLOSE, GRANTHAM, NG31 9EF - £425,000

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 GARDEN CLOSE is a very large detached house of 177m². It was last sold for £425,000 in August 2022, which was around 13% above the average August 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2017, where the current energy rating was B, and the potential energy rating was B.

16 GARDEN CLOSE Sold Prices

Land registry data shows three sales for 16 GARDEN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 16 GARDEN CLOSE sales were for above 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
2022 18 AUG	£425,000	£374,762	13% above HPI
2019 4 JUL	£370,000	£300,787	23% above HPI
2017 28 APR	£330,000	£275,057	20% above HPI

16 GARDEN 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 three 16 GARDEN CLOSE sales between April 2017 and August 2022 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 July 2019 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the August 2022 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 16 GARDEN CLOSE?

16 GARDEN CLOSE is 177m² according to the EPC inspection conducted in February 2017. This puts it in the largest 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 16 GARDEN CLOSE lies on this distribution: 91% of detached houses are smaller than 16 GARDEN CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Grantham.

16 GARDEN CLOSE: Plot and Title Map

16 GARDEN CLOSE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 16 GARDEN 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 GARDEN 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 GARDEN CLOSE?

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