17, DURHAM CLOSE, GRANTHAM, NG31 8RH - £159,000

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

17 DURHAM CLOSE is a very small extended detached house of 80m², built sometime between 1976 and 1982. It was last sold for £159,000 in May 2016, which was around 39% below the average May 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

17 DURHAM CLOSE Sold Prices

Land registry data shows three sales for 17 DURHAM 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 17 DURHAM 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
2016 27 MAY	£159,000	£260,567	39% below HPI
2007 12 APR	£130,000	£235,131	45% below HPI
2002 12 SEP	£87,000	£151,364	43% below HPI

17 DURHAM 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 17 DURHAM CLOSE sales between September 2002 and May 2016 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 2007 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the May 2016 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 17 DURHAM CLOSE?

17 DURHAM CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in March 2015. 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 17 DURHAM CLOSE lies on this distribution: 18% of detached houses are smaller than 17 DURHAM CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Grantham.

17 DURHAM CLOSE: Plot and Title Map

17 DURHAM CLOSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 17 DURHAM 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 17 DURHAM 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 17 DURHAM CLOSE?

17 DURHAM CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 17 on DURHAM CLOSE.