17, ORANGEWOOD CLOSE, GONERBY HILL FOOT, GRANTHAM, NG31 8QW - £250,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

17 ORANGEWOOD CLOSE is a midsized detached house of 110m², built sometime between 1991 and 1995, which could now be worth an estimated £312,187. It was last sold for £250,000 in March 2018, which was around 15% below the average March 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

17 ORANGEWOOD CLOSE Sold Prices

Land registry data shows two sales for 17 ORANGEWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. One of the two 17 ORANGEWOOD CLOSE sales was for below the average price, whilst the other was 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
2018 5 MAR	£250,000	£293,519	15% below HPI
1995 30 NOV	£73,000	£70,060	4% above HPI

17 ORANGEWOOD 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 two 17 ORANGEWOOD CLOSE sales from November 1995 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 November 1995 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the March 2018 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 17 ORANGEWOOD CLOSE be worth now?

17 ORANGEWOOD CLOSE might now be worth an estimated £312,187.

This is based on house price inflation of 24.9%, between March 2018 and March 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 24.9% inflationary increase is applied to the most recent sale price for 17 ORANGEWOOD CLOSE of £250,000 on 5th March 2018. For the value to have increased from £250,000 to £312,187 over the seven years to March 2025, the following assumptions must hold true:

• The value of 17 ORANGEWOOD CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The March 2018 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 17 ORANGEWOOD CLOSE has not materially changed since March 2018.

How Large is 17 ORANGEWOOD CLOSE?

17 ORANGEWOOD CLOSE is 110m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 50% of detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 17 ORANGEWOOD CLOSE lies on this distribution: 47% of detached houses houses are smaller than 17 ORANGEWOOD CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Grantham.

17 ORANGEWOOD CLOSE: Plot and Title Map

17 ORANGEWOOD CLOSE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 17 ORANGEWOOD 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 ORANGEWOOD 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 ORANGEWOOD CLOSE?

17 ORANGEWOOD CLOSE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 17 on ORANGEWOOD CLOSE.