2, GARDEN CLOSE, GRANTHAM, NG31 9EF - £475,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 GARDEN CLOSE is a very large detached house of 177m². It was last sold for £475,000 in June 2023, which was around 28% above the average June 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2015, where the current energy rating was B, and the potential energy rating was A.

2 GARDEN CLOSE Sold Prices

Land registry data shows five sales for 2 GARDEN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the five 2 GARDEN 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
2023 19 JUN	£475,000	£370,706	28% above HPI
2020 6 NOV	£365,000	£312,690	17% above HPI
2018 13 FEB	£354,000	£297,197	19% above HPI
2016 9 DEC	£335,000	£272,264	23% above HPI
2015 18 DEC	£330,000	£264,945	25% above HPI

2 GARDEN 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 five 2 GARDEN CLOSE sales between December 2015 and June 2023 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 November 2020 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the June 2023 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 2 GARDEN CLOSE?

2 GARDEN CLOSE is 177m² according to the EPC inspection conducted in August 2015. This puts it in the largest 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 GARDEN CLOSE lies on this distribution: 91% of detached houses are smaller than 2 GARDEN CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Grantham.

2 GARDEN CLOSE: Plot and Title Map

2 GARDEN CLOSE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 2 GARDEN 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 GARDEN 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 GARDEN CLOSE?

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