3, CAMBRIAN CLOSE, GONERBY HILL FOOT, GRANTHAM, NG31 8GQ - £239,950

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 CAMBRIAN CLOSE is a small extended detached house of 91m², built sometime between 1991 and 1995, which could now be worth an estimated £271,244. It was last sold for £239,950 in August 2021, which was around 26% below the average August 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

3 CAMBRIAN CLOSE Sold Prices

Land registry data shows two sales for 3 CAMBRIAN 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 3 CAMBRIAN 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
2021 5 AUG	£239,950	£322,587	26% below HPI
1997 27 JUN	£69,950	£75,942	8% below HPI

3 CAMBRIAN 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 CAMBRIAN CLOSE sales from June 1997 and August 2021 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 June 1997 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 3 CAMBRIAN CLOSE be worth now?

3 CAMBRIAN CLOSE might now be worth an estimated £271,244.

This is based on house price inflation of 13%, between August 2021 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 13% inflationary increase is applied to the most recent sale price for 3 CAMBRIAN CLOSE of £239,950 on 5th August 2021. For the value to have increased from £239,950 to £271,244 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 3 CAMBRIAN CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The August 2021 sale price of £239,950 represented a fair market value for the property.
• The size, condition, and specification of 3 CAMBRIAN CLOSE has not materially changed since August 2021.

How Large is 3 CAMBRIAN CLOSE?

3 CAMBRIAN CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 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 CAMBRIAN CLOSE lies on this distribution: 27% of detached houses houses are smaller than 3 CAMBRIAN CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Grantham.

3 CAMBRIAN CLOSE: Plot and Title Map

3 CAMBRIAN CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 3 CAMBRIAN 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 CAMBRIAN 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 CAMBRIAN CLOSE?

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