4, BRADFORD CLOSE, GRANTHAM, NG31 8RU - £187,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 BRADFORD CLOSE is a very small detached house of 75m², built sometime between 1983 and 1990. It was last sold for £187,000 in August 2018, which was around 39% below the average August 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

4 BRADFORD CLOSE Sold Prices

Land registry data shows four sales for 4 BRADFORD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 4 BRADFORD 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
2018 3 AUG	£187,000	£304,523	39% below HPI
2014 19 DEC	£147,500	£233,647	37% below HPI
1998 15 OCT	£53,000	£88,642	40% below HPI
1995 17 MAY	£48,500	£69,253	30% below HPI

4 BRADFORD 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 four 4 BRADFORD CLOSE sales between May 1995 and August 2018 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 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2018 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 4 BRADFORD CLOSE?

4 BRADFORD CLOSE is 75m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 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 4 BRADFORD CLOSE lies on this distribution: 13% of detached houses are smaller than 4 BRADFORD CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Grantham.

4 BRADFORD CLOSE: Plot and Title Map

4 BRADFORD CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 4 BRADFORD 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 BRADFORD 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 BRADFORD CLOSE?

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