17, GREGORY CLOSE, HARLAXTON, GRANTHAM, NG32 1JG - £261,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

17 GREGORY CLOSE is a very small extended detached house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £324,258. It was last sold for £261,000 in March 2018, which was around 11% below the average March 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

17 GREGORY CLOSE Sold Prices

Land registry data shows three sales for 17 GREGORY 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 GREGORY 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
2018 21 MAR	£261,000	£293,519	11% below HPI
2013 11 JAN	£160,000	£211,655	24% below HPI
1998 20 OCT	£76,500	£87,182	12% below HPI

17 GREGORY 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 GREGORY CLOSE sales between October 1998 and March 2018 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 January 2013 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2018 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 17 GREGORY CLOSE be worth now?

17 GREGORY CLOSE might now be worth an estimated £324,258.

This is based on house price inflation of 24.2%, between March 2018 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.2% inflationary increase is applied to the most recent sale price for 17 GREGORY CLOSE of £261,000 on 21st March 2018. For the value to have increased from £261,000 to £324,258 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of 17 GREGORY CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The March 2018 sale price of £261,000 represented a fair market value for the property.
• The size, condition, and specification of 17 GREGORY CLOSE has not materially changed since March 2018.

How Large is 17 GREGORY CLOSE?

17 GREGORY CLOSE is 71m², which includes two extensions, according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of detached houses houses in Harlaxton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Harlaxton, and where 17 GREGORY CLOSE lies on this distribution: 2% of detached houses houses are smaller than 17 GREGORY CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Harlaxton.

17 GREGORY CLOSE: Plot and Title Map

17 GREGORY CLOSE sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 17 GREGORY 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 GREGORY 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 GREGORY CLOSE?

17 GREGORY CLOSE is located in HARLAXTON, in the NG32 postcode district. The below map shows the position of No. 17 on GREGORY CLOSE.