24, LARCH CLOSE, GRANTHAM, NG31 7XL - £160,000

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

24 LARCH CLOSE is a small detached house of 88m², built sometime between 1976 and 1982. It was last sold for £160,000 in November 2023, which was around 57% below the average November 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.

24 LARCH CLOSE Sold Prices

Land registry data shows three sales for 24 LARCH 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. All of the three 24 LARCH 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
2023 3 NOV	£160,000	£373,602	57% below HPI
2006 27 JUL	£89,500	£224,890	60% below HPI
2001 16 MAR	£33,500	£114,832	71% below HPI

24 LARCH 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 24 LARCH CLOSE sales between March 2001 and November 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 July 2006 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the November 2023 sale, where it rises to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is 24 LARCH CLOSE?

24 LARCH CLOSE is 88m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 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 24 LARCH CLOSE lies on this distribution: 25% of detached houses are smaller than 24 LARCH CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Grantham.

24 LARCH CLOSE: Plot and Title Map

24 LARCH CLOSE sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 24 LARCH 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 24 LARCH 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 24 LARCH CLOSE?

24 LARCH CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 24 on LARCH CLOSE.