2, CARMARTHEN CLOSE, GRANTHAM, NG31 8TX - £392,500

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 CARMARTHEN CLOSE is a large detached house of 136m², built sometime between 1996 and 2002. It was last sold for £392,500 in July 2024, which was around 6% above the average July 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

2 CARMARTHEN CLOSE Sold Prices

Land registry data shows three sales for 2 CARMARTHEN 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 2 CARMARTHEN CLOSE sales were for above 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
2024 29 JUL	£392,500	£370,630	6% above HPI
2004 5 APR	£215,500	£190,867	13% above HPI
2001 2 MAY	£129,995	£117,248	11% above HPI

2 CARMARTHEN 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 2 CARMARTHEN CLOSE sales between May 2001 and July 2024 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 April 2004 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the July 2024 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 2 CARMARTHEN CLOSE?

2 CARMARTHEN CLOSE is 136m² according to the EPC inspection conducted in October 2023. This puts it in the largest 30% 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 CARMARTHEN CLOSE lies on this distribution: 73% of detached houses are smaller than 2 CARMARTHEN CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Grantham.

2 CARMARTHEN CLOSE: Plot and Title Map

2 CARMARTHEN CLOSE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 2 CARMARTHEN 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 CARMARTHEN 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 CARMARTHEN CLOSE?

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