18, LEYS CLOSE, BARROWBY, GRANTHAM, NG32 1TQ - £310,000

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

18 LEYS CLOSE is a large extended detached house of 144m², built sometime between 1967 and 1975. It was last sold for £310,000 in October 2023, which was around 18% below the average October 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

18 LEYS CLOSE Sold Prices

Land registry data shows three sales for 18 LEYS 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 18 LEYS 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
2023 20 OCT	£310,000	£378,999	18% below HPI
2008 10 OCT	£159,950	£224,257	29% below HPI
1998 17 JUL	£72,500	£83,842	14% below HPI

18 LEYS 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 18 LEYS CLOSE sales between July 1998 and October 2023 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 October 2008 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2023 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 18 LEYS CLOSE?

18 LEYS CLOSE is 144m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the largest 30% of detached houses in Barrowby, based on EPC data. The below chart shows the distribution of detached houses by size in Barrowby, and where 18 LEYS CLOSE lies on this distribution: 74% of detached houses are smaller than 18 LEYS CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Barrowby.

18 LEYS CLOSE: Plot and Title Map

18 LEYS CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 18 LEYS 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 18 LEYS 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 18 LEYS CLOSE?

18 LEYS CLOSE is located in BARROWBY, in the NG32 postcode district. The below map shows the position of No. 18 on LEYS CLOSE.