2, GRIZEDALE CLOSE, GRANTHAM, NG31 8QY - £280,000

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 GRIZEDALE CLOSE is a midsized detached house of 106m², built sometime between 1991 and 1995. It was last sold for £280,000 in March 2019, which was around 7% below the average March 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

2 GRIZEDALE CLOSE Sold Prices

Land registry data shows four sales for 2 GRIZEDALE 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. All of the four 2 GRIZEDALE 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 27 MAR	£280,000	£300,234	7% below HPI
2006 18 AUG	£186,000	£230,592	19% below HPI
2000 22 DEC	£97,000	£112,060	13% below HPI
1997 26 NOV	£77,500	£82,892	7% below HPI

2 GRIZEDALE 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 GRIZEDALE CLOSE sales between November 1997 and March 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 August 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2019 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 2 GRIZEDALE CLOSE?

2 GRIZEDALE CLOSE is 106m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 50% 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 GRIZEDALE CLOSE lies on this distribution: 43% of detached houses are smaller than 2 GRIZEDALE CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Grantham.

2 GRIZEDALE CLOSE: Plot and Title Map

2 GRIZEDALE CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 2 GRIZEDALE 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 GRIZEDALE 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 GRIZEDALE CLOSE?

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