31, ORCHARD CLOSE, GONERBY HILL FOOT, GRANTHAM, NG31 8HD - £320,000

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

31 ORCHARD CLOSE is a large detached house of 141m², built sometime between 1983 and 1990. It was last sold for £320,000 in February 2011, which was around 53% above the average February 2011 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

31 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 31 ORCHARD 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 31 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
2011 25 FEB	£320,000	£209,257	53% above HPI
1997 7 JUL	£138,500	£78,035	77% above HPI

31 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 two 31 ORCHARD CLOSE sales from July 1997 and February 2011 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 77% above the HPI. So the extrapolation line tracks at 77% above the HPI over time, until the February 2011 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 31 ORCHARD CLOSE?

31 ORCHARD CLOSE is 141m² according to the EPC inspection conducted in June 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 31 ORCHARD CLOSE lies on this distribution: 76% of detached houses are smaller than 31 ORCHARD CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Grantham.

31 ORCHARD CLOSE: Plot and Title Map

31 ORCHARD CLOSE sits on a plot of roughly 0.383 of an acre, or 1,548m². The below map shows the location of 31 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 31 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 31 ORCHARD CLOSE?

31 ORCHARD CLOSE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 31 on ORCHARD CLOSE.