21, RIBER CLOSE, GRANTHAM, NG31 8TU - £360,000

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

21 RIBER CLOSE is a large detached house of 146m², built sometime between 1996 and 2002. It was last sold for £360,000 in October 2021, which was around 5% above the average October 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

21 RIBER CLOSE Sold Prices

Land registry data shows three sales for 21 RIBER 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. Two of the three 21 RIBER CLOSE sales were for above the average price, whilst one was 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
2021 22 OCT	£360,000	£341,775	5% above HPI
2012 27 APR	£189,000	£214,583	12% below HPI
2001 21 DEC	£143,495	£122,322	17% above HPI

21 RIBER 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 21 RIBER CLOSE sales between December 2001 and October 2021 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 2012 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2021 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 21 RIBER CLOSE?

21 RIBER CLOSE is 146m² according to the EPC inspection conducted in August 2020. 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 21 RIBER CLOSE lies on this distribution: 79% of detached houses are smaller than 21 RIBER CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Grantham.

21 RIBER CLOSE: Plot and Title Map

21 RIBER CLOSE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 21 RIBER 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 21 RIBER 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 21 RIBER CLOSE?

21 RIBER CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 21 on RIBER CLOSE.