20, CEDARWOOD CLOSE, GONERBY HILL FOOT, GRANTHAM, NG31 8QJ - £226,000

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

20 CEDARWOOD CLOSE is a very small detached house of 63m², built sometime between 1983 and 1990. It was last sold for £226,000 in March 2018, which was around 24% below the average March 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2022, where the current energy rating was D, and the potential energy rating was B.

20 CEDARWOOD CLOSE Sold Prices

Land registry data shows four sales for 20 CEDARWOOD 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 20 CEDARWOOD 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
2018 29 MAR	£226,000	£298,432	24% below HPI
2017 25 SEP	£162,250	£290,320	44% below HPI
2010 29 JUL	£157,000	£220,311	29% below HPI
2003 3 JUN	£129,950	£176,883	27% below HPI

20 CEDARWOOD 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 20 CEDARWOOD CLOSE sales between June 2003 and March 2018 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 September 2017 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the March 2018 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 20 CEDARWOOD CLOSE?

20 CEDARWOOD CLOSE is 63m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 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 20 CEDARWOOD CLOSE lies on this distribution: 6% of detached houses are smaller than 20 CEDARWOOD CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Grantham.

20 CEDARWOOD CLOSE: Plot and Title Map

20 CEDARWOOD CLOSE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 20 CEDARWOOD 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 20 CEDARWOOD 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 20 CEDARWOOD CLOSE?

20 CEDARWOOD CLOSE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 20 on CEDARWOOD CLOSE.