25, ORCHARD CLOSE, GONERBY HILL FOOT, GRANTHAM, NG31 8HD - £222,500

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

25 ORCHARD CLOSE is a small extended detached house of 83m², built sometime between 1967 and 1975. It was last sold for £222,500 in November 2011, which was around 2% above the average November 2011 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

25 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 25 ORCHARD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 25 ORCHARD CLOSE sales were for above 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
2011 25 NOV	£222,500	£217,550	2% above HPI
2001 30 NOV	£140,000	£121,508	15% above HPI

25 ORCHARD 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 two 25 ORCHARD CLOSE sales from November 2001 and November 2011 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 November 2001 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2011 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 25 ORCHARD CLOSE?

25 ORCHARD CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in August 2011. 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 25 ORCHARD CLOSE lies on this distribution: 20% of detached houses are smaller than 25 ORCHARD CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Grantham.

25 ORCHARD CLOSE: Plot and Title Map

25 ORCHARD CLOSE sits on a plot of roughly 0.199 of an acre, or 806m². The below map shows the location of 25 ORCHARD 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 25 ORCHARD 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 25 ORCHARD CLOSE?

25 ORCHARD CLOSE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 25 on ORCHARD CLOSE.