24, REEDINGS CLOSE, BARROWBY, GRANTHAM, NG32 1AX - £146,675

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

24 REEDINGS CLOSE is a very small detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £210,438. It was last sold for £146,675 in November 2015, which was around 42% below the average November 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was D.

24 REEDINGS CLOSE Sold Prices

Land registry data shows three sales for 24 REEDINGS 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 REEDINGS 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
2015 27 NOV	£146,675	£254,167	42% below HPI
2006 7 MAR	£144,000	£213,275	32% below HPI
2002 30 AUG	£88,000	£145,900	40% below HPI

24 REEDINGS 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 REEDINGS CLOSE sales between August 2002 and November 2015 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 March 2006 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2015 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 24 REEDINGS CLOSE be worth now?

24 REEDINGS CLOSE might now be worth an estimated £210,438.

This is based on house price inflation of 43.5%, between November 2015 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.5% inflationary increase is applied to the most recent sale price for 24 REEDINGS CLOSE of £146,675 on 27th November 2015. For the value to have increased from £146,675 to £210,438 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 24 REEDINGS CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The November 2015 sale price of £146,675 represented a fair market value for the property.
• The size, condition, and specification of 24 REEDINGS CLOSE has not materially changed since November 2015.

How Large is 24 REEDINGS CLOSE?

24 REEDINGS CLOSE is 78m² according to the EPC inspection conducted in June 2009. This puts it in the smallest 10% of detached houses houses in Barrowby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Barrowby, and where 24 REEDINGS CLOSE lies on this distribution: 10% of detached houses houses are smaller than 24 REEDINGS CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Barrowby.

24 REEDINGS CLOSE: Plot and Title Map

24 REEDINGS CLOSE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 24 REEDINGS 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 REEDINGS 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 REEDINGS CLOSE?

24 REEDINGS CLOSE is located in BARROWBY, in the NG32 postcode district. The below map shows the position of No. 24 on REEDINGS CLOSE.