2, BROOMWOOD CLOSE, GONERBY HILL FOOT, GRANTHAM, NG31 8GU - £240,000

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 BROOMWOOD CLOSE is a very large extended detached house of 165m², built sometime between 1976 and 1982. It was last sold for £240,000 in January 2019, which was around 21% below the average January 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was C.

2 BROOMWOOD CLOSE Sold Prices

Land registry data shows four sales for 2 BROOMWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Most of the four 2 BROOMWOOD 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
2019 14 JAN	£240,000	£302,081	21% below HPI
2015 18 DEC	£240,000	£264,945	9% below HPI
2013 14 AUG	£205,000	£231,014	11% below HPI
1999 26 MAY	£99,000	£89,660	10% above HPI

2 BROOMWOOD 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 four 2 BROOMWOOD CLOSE sales between May 1999 and January 2019 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 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 BROOMWOOD CLOSE?

2 BROOMWOOD CLOSE is 165m², which includes two extensions, according to the EPC inspection conducted in April 2012. This puts it in the largest 20% 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 BROOMWOOD CLOSE lies on this distribution: 88% of detached houses are smaller than 2 BROOMWOOD CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Grantham.

2 BROOMWOOD CLOSE: Plot and Title Map

2 BROOMWOOD CLOSE sits on a plot of roughly 0.160 of an acre, or 646m². The below map shows the location of 2 BROOMWOOD 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 BROOMWOOD 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 BROOMWOOD CLOSE?

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