4, CORFE CLOSE, GRANTHAM, NG31 8TT - £305,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 CORFE CLOSE is a very large extended detached house of 149m², built sometime between 1996 and 2002, which could now be worth an estimated £375,088. It was last sold for £305,000 in August 2018, which was around 2% above the average August 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was C.

4 CORFE CLOSE Sold Prices

Land registry data shows two sales for 4 CORFE 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 4 CORFE 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
2018 23 AUG	£305,000	£299,510	2% above HPI
2001 15 NOV	£164,995	£119,508	38% above HPI

4 CORFE 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 CORFE CLOSE sales from November 2001 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 November 2001 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the August 2018 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 4 CORFE CLOSE be worth now?

4 CORFE CLOSE might now be worth an estimated £375,088.

This is based on house price inflation of 23%, between August 2018 and December 2024, 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 23% inflationary increase is applied to the most recent sale price for 4 CORFE CLOSE of £305,000 on 23rd August 2018. For the value to have increased from £305,000 to £375,088 over the five years and eight months to December 2024, the following assumptions must hold true:

• The value of 4 CORFE CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The August 2018 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CORFE CLOSE has not materially changed since August 2018.

How Large is 4 CORFE CLOSE?

4 CORFE CLOSE is 149m², which includes one extension, according to the EPC inspection conducted in December 2017. This puts it in the largest 20% 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 4 CORFE CLOSE lies on this distribution: 81% of detached houses houses are smaller than 4 CORFE CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Grantham.

4 CORFE CLOSE: Plot and Title Map

4 CORFE CLOSE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 4 CORFE 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 CORFE 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 CORFE CLOSE?

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