3, BRECON CLOSE, GONERBY HILL FOOT, GRANTHAM, NG31 8FX - £205,000

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.

3 BRECON CLOSE is a large detached house of 131m², built sometime between 1996 and 2002, which could now be worth an estimated £325,130. It was last sold for £205,000 in October 2013, which was around 11% below the average October 2013 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2014, where the current energy rating was B, and the potential energy rating was B.

3 BRECON CLOSE Sold Prices

Land registry data shows two sales for 3 BRECON 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 3 BRECON CLOSE sales was for below the average price, whilst the other was 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
2013 8 OCT	£205,000	£229,924	11% below HPI
1997 29 NOV	£107,950	£81,527	32% above HPI

3 BRECON 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 3 BRECON CLOSE sales from November 1997 and October 2013 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 1997 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the October 2013 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 3 BRECON CLOSE be worth now?

3 BRECON CLOSE might now be worth an estimated £325,130.

This is based on house price inflation of 58.6%, between October 2013 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 58.6% inflationary increase is applied to the most recent sale price for 3 BRECON CLOSE of £205,000 on 8th October 2013. For the value to have increased from £205,000 to £325,130 over the twelve years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 BRECON CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The October 2013 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BRECON CLOSE has not materially changed since October 2013.

How Large is 3 BRECON CLOSE?

3 BRECON CLOSE is 131m² according to the EPC inspection conducted in April 2014. This puts it in the largest 30% 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 3 BRECON CLOSE lies on this distribution: 70% of detached houses houses are smaller than 3 BRECON CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Grantham.

3 BRECON CLOSE: Plot and Title Map

3 BRECON CLOSE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 3 BRECON 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 3 BRECON 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 3 BRECON CLOSE?

3 BRECON CLOSE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 3 on BRECON CLOSE.