27, ORCHARD CLOSE, GONERBY HILL FOOT, GRANTHAM, NG31 8HD - £265,000

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

27 ORCHARD CLOSE is a large detached house of 139m², built sometime between 1983 and 1990. It was last sold for £265,000 in April 2015, which was around 12% above the average April 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

27 ORCHARD CLOSE Sold Prices

Land registry data shows three sales for 27 ORCHARD 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 27 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
2015 13 APR	£265,000	£236,848	12% above HPI
2004 16 MAR	£215,000	£188,092	14% above HPI
1997 17 JAN	£94,500	£74,178	27% above HPI

27 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 three 27 ORCHARD CLOSE sales between January 1997 and April 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 2004 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the April 2015 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 27 ORCHARD CLOSE?

27 ORCHARD CLOSE is 139m² according to the EPC inspection conducted in October 2014. 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 27 ORCHARD CLOSE lies on this distribution: 75% of detached houses are smaller than 27 ORCHARD CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Grantham.

27 ORCHARD CLOSE: Plot and Title Map

27 ORCHARD CLOSE sits on a plot of roughly 0.182 of an acre, or 738m². The below map shows the location of 27 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 27 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 27 ORCHARD CLOSE?

27 ORCHARD CLOSE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 27 on ORCHARD CLOSE.