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

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 CORFE CLOSE is a very large extended detached house of 149m², built sometime between 1996 and 2002. It was last sold for £305,000 in August 2018, which was about 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. One of the two 4 CORFE CLOSE sales was roughly equal to 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
2018 23 AUG	£305,000	£304,523	Close to HPI
2001 15 NOV	£164,995	£121,508	36% 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 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the August 2018 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

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 in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 4 CORFE CLOSE lies on this distribution: 81% of detached 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.