2, CORFE CLOSE, GRANTHAM, NG31 8TT - £205,000

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 CORFE CLOSE is a large detached house of 137m², built sometime between 1996 and 2002. It was last sold for £205,000 in June 2012, which was around 4% below the average June 2012 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

2 CORFE CLOSE Sold Prices

Land registry data shows four sales for 2 CORFE 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 CORFE 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
2012 1 JUN	£205,000	£214,152	4% below HPI
2011 19 DEC	£250,000	£220,954	13% above HPI
2005 18 MAR	£245,000	£201,689	21% above HPI
2001 29 OCT	£137,495	£121,246	13% above HPI

2 CORFE 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 CORFE CLOSE sales between October 2001 and June 2012 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 2011 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the June 2012 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 2 CORFE CLOSE?

2 CORFE CLOSE is 137m² according to the EPC inspection conducted in May 2022. 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 CORFE CLOSE lies on this distribution: 73% of detached houses are smaller than 2 CORFE CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Grantham.

2 CORFE CLOSE: Plot and Title Map

2 CORFE CLOSE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 2 CORFE 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 CORFE 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 CORFE CLOSE?

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