4, ABRAHAM CLOSE, GRANTHAM, NG31 8PS - £194,950

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.

4 ABRAHAM CLOSE is a small detached house of 100m², built sometime between 1996 and 2002, which could now be worth an estimated £309,356. It was last sold for £194,950 in December 2014, which was around 15% below the average December 2014 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

4 ABRAHAM CLOSE Sold Prices

Land registry data shows two sales for 4 ABRAHAM 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 4 ABRAHAM 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
2014 5 DEC	£194,950	£229,801	15% below HPI
2000 3 MAR	£250,000	£93,627	167% above HPI

4 ABRAHAM 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 4 ABRAHAM CLOSE sales from March 2000 and December 2014 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 March 2000 sale was for 167% above the HPI. So the extrapolation line tracks at 167% above the HPI over time, until the December 2014 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 4 ABRAHAM CLOSE be worth now?

4 ABRAHAM CLOSE might now be worth an estimated £309,356.

This is based on house price inflation of 58.7%, between December 2014 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 58.7% inflationary increase is applied to the most recent sale price for 4 ABRAHAM CLOSE of £194,950 on 5th December 2014. For the value to have increased from £194,950 to £309,356 over the eleven years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 ABRAHAM CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The December 2014 sale price of £194,950 represented a fair market value for the property.
• The size, condition, and specification of 4 ABRAHAM CLOSE has not materially changed since December 2014.

How Large is 4 ABRAHAM CLOSE?

4 ABRAHAM CLOSE is 100m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% of detached houses houses in Great Gonerby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Gonerby, and where 4 ABRAHAM CLOSE lies on this distribution: 37% of detached houses houses are smaller than 4 ABRAHAM CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Great Gonerby.

4 ABRAHAM CLOSE: Plot and Title Map

4 ABRAHAM CLOSE sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 4 ABRAHAM 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 4 ABRAHAM 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 4 ABRAHAM CLOSE?

4 ABRAHAM CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 4 on ABRAHAM CLOSE.