3, PEACHWOOD CLOSE, GONERBY HILL FOOT, GRANTHAM, NG31 8QP - £230,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 PEACHWOOD CLOSE is a very large detached house of 153m², built sometime between 1996 and 2002. It was last sold for £230,000 in July 2008, which was around 3% below the average July 2008 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

3 PEACHWOOD CLOSE Sold Prices

Land registry data shows two sales for 3 PEACHWOOD 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 PEACHWOOD 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
2008 31 JUL	£230,000	£237,859	3% below HPI
1998 18 DEC	£65,950	£88,487	25% below HPI

3 PEACHWOOD 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 PEACHWOOD CLOSE sales from December 1998 and July 2008 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 December 1998 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2008 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 3 PEACHWOOD CLOSE?

3 PEACHWOOD CLOSE is 153m² according to the EPC inspection conducted in May 2011. This puts it in the largest 20% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 3 PEACHWOOD CLOSE lies on this distribution: 83% of detached houses are smaller than 3 PEACHWOOD CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Grantham.

3 PEACHWOOD CLOSE: Plot and Title Map

3 PEACHWOOD CLOSE sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 3 PEACHWOOD 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 PEACHWOOD 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 PEACHWOOD CLOSE?

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