2, BRAEMAR CLOSE, GRANTHAM, NG31 9PB - £255,000

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 BRAEMAR CLOSE is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £255,000 in June 2021, which was around 22% below the average June 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

2 BRAEMAR CLOSE Sold Prices

Land registry data shows two sales for 2 BRAEMAR 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. Both of the two 2 BRAEMAR 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
2021 25 JUN	£255,000	£328,593	22% below HPI
1999 26 JAN	£65,000	£88,213	26% below HPI

2 BRAEMAR 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 BRAEMAR CLOSE sales from January 1999 and June 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 January 1999 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 2 BRAEMAR CLOSE?

2 BRAEMAR CLOSE is 69m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% 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 BRAEMAR CLOSE lies on this distribution: 9% of detached houses are smaller than 2 BRAEMAR CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Grantham.

2 BRAEMAR CLOSE: Plot and Title Map

2 BRAEMAR CLOSE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 2 BRAEMAR 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 BRAEMAR 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 BRAEMAR CLOSE?

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