2, BIRCHWOOD CLOSE, GONERBY HILL FOOT, GRANTHAM, NG31 8GP - £345,000

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 BIRCHWOOD CLOSE is a large extended detached house of 125m², built sometime between 1983 and 1990. It was last sold for £345,000 in March 2021, which was around 5% above the average March 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was C.

2 BIRCHWOOD CLOSE Sold Prices

Land registry data shows two sales for 2 BIRCHWOOD 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 2 BIRCHWOOD CLOSE sales was for above the average price, whilst the other was 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
2021 5 MAR	£345,000	£329,215	5% above HPI
2012 18 JUN	£205,000	£214,152	4% below HPI

2 BIRCHWOOD 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 2 BIRCHWOOD CLOSE sales from June 2012 and March 2021 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 June 2012 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2021 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 2 BIRCHWOOD CLOSE?

2 BIRCHWOOD CLOSE is 125m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 40% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 2 BIRCHWOOD CLOSE lies on this distribution: 65% of detached houses are smaller than 2 BIRCHWOOD CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Grantham.

2 BIRCHWOOD CLOSE: Plot and Title Map

2 BIRCHWOOD CLOSE sits on a plot of roughly 0.108 of an acre, or 436m². The below map shows the location of 2 BIRCHWOOD 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 BIRCHWOOD 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 BIRCHWOOD CLOSE?

2 BIRCHWOOD CLOSE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 2 on BIRCHWOOD CLOSE.