28, RAVENDALE CLOSE, GRANTHAM, NG31 8BS - £210,000

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.

28 RAVENDALE CLOSE is a large extended detached house of 122m², built sometime between 1983 and 1990, which could now be worth an estimated £366,697. It was last sold for £210,000 in November 2009, which was around 1% above the average November 2009 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

28 RAVENDALE CLOSE Sold Prices

Land registry data shows two sales for 28 RAVENDALE 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. One of the two 28 RAVENDALE CLOSE sales was for above the average price, whilst the other 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
2009 20 NOV	£210,000	£208,833	1% above HPI
1997 18 JUL	£58,000	£76,750	24% below HPI

28 RAVENDALE 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 28 RAVENDALE CLOSE sales from July 1997 and November 2009 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 1997 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2009 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 28 RAVENDALE CLOSE be worth now?

28 RAVENDALE CLOSE might now be worth an estimated £366,697.

This is based on house price inflation of 74.6%, between November 2009 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 74.6% inflationary increase is applied to the most recent sale price for 28 RAVENDALE CLOSE of £210,000 on 20th November 2009. For the value to have increased from £210,000 to £366,697 over the sixteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 28 RAVENDALE CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The November 2009 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 28 RAVENDALE CLOSE has not materially changed since November 2009.

How Large is 28 RAVENDALE CLOSE?

28 RAVENDALE CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the largest 40% of detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 28 RAVENDALE CLOSE lies on this distribution: 62% of detached houses houses are smaller than 28 RAVENDALE CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Grantham.

28 RAVENDALE CLOSE: Plot and Title Map

28 RAVENDALE CLOSE sits on a plot of roughly 0.064 of an acre, or 261m². The below map shows the location of 28 RAVENDALE 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 28 RAVENDALE 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 28 RAVENDALE CLOSE?

28 RAVENDALE CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 28 on RAVENDALE CLOSE.