2, ABRAHAM CLOSE, GRANTHAM, NG31 8PS - £202,000

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

2 ABRAHAM CLOSE is a small detached house of 97m², built sometime between 1996 and 2002. It was last sold for £202,000 in August 2015, which was around 20% below the average August 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

2 ABRAHAM CLOSE Sold Prices

Land registry data shows six sales for 2 ABRAHAM CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Most of the six 2 ABRAHAM 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
2015 5 AUG	£202,000	£251,797	20% below HPI
2010 17 DEC	£196,500	£221,349	11% below HPI
2010 22 JAN	£187,500	£215,693	13% below HPI
2007 1 NOV	£215,000	£246,334	13% below HPI
2001 14 DEC	£127,500	£122,322	4% above HPI
2000 3 MAR	£92,950	£95,194	2% below HPI

2 ABRAHAM 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 six 2 ABRAHAM CLOSE sales between March 2000 and August 2015 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 December 2010 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2015 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 ABRAHAM CLOSE?

2 ABRAHAM CLOSE is 97m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 40% of detached houses in Great Gonerby, based on EPC data. The below chart shows the distribution of detached houses by size in Great Gonerby, and where 2 ABRAHAM CLOSE lies on this distribution: 33% of detached houses are smaller than 2 ABRAHAM CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Great Gonerby.

2 ABRAHAM CLOSE: Plot and Title Map

2 ABRAHAM CLOSE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 2 ABRAHAM 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 2 ABRAHAM 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 2 ABRAHAM CLOSE?

2 ABRAHAM CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 2 on ABRAHAM CLOSE.