32, BROOMWOOD CLOSE, GONERBY HILL FOOT, GRANTHAM, NG31 8GU - £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.

32 BROOMWOOD CLOSE is a large detached house of 136m², built sometime between 1983 and 1990, which could now be worth an estimated £355,394. It was last sold for £205,000 in April 2011, which was around 3% below the average April 2011 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was D.

32 BROOMWOOD CLOSE Sold Prices

Land registry data shows two sales for 32 BROOMWOOD 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 32 BROOMWOOD 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
2011 8 APR	£205,000	£211,424	3% below HPI
2003 9 OCT	£187,000	£182,258	3% above HPI

32 BROOMWOOD 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 32 BROOMWOOD CLOSE sales from October 2003 and April 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 October 2003 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the April 2011 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 32 BROOMWOOD CLOSE be worth now?

32 BROOMWOOD CLOSE might now be worth an estimated £355,394.

This is based on house price inflation of 73.4%, between April 2011 and March 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 73.4% inflationary increase is applied to the most recent sale price for 32 BROOMWOOD CLOSE of £205,000 on 8th April 2011. For the value to have increased from £205,000 to £355,394 over the fourteen years and one month to March 2025, the following assumptions must hold true:

• The value of 32 BROOMWOOD CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The April 2011 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 32 BROOMWOOD CLOSE has not materially changed since April 2011.

How Large is 32 BROOMWOOD CLOSE?

32 BROOMWOOD CLOSE is 136m² according to the EPC inspection conducted in February 2011. 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 32 BROOMWOOD CLOSE lies on this distribution: 73% of detached houses houses are smaller than 32 BROOMWOOD CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Grantham.

32 BROOMWOOD CLOSE: Plot and Title Map

32 BROOMWOOD CLOSE sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 32 BROOMWOOD 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 32 BROOMWOOD 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 32 BROOMWOOD CLOSE?

32 BROOMWOOD CLOSE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 32 on BROOMWOOD CLOSE.