4, COVENTRY CLOSE, GRANTHAM, NG31 8SB - £175,000

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.

4 COVENTRY CLOSE is a very small detached house of 69m², built sometime between 1976 and 1982, which could now be worth an estimated £179,171. It was last sold for £175,000 in February 2024, which was around 51% below the average February 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

4 COVENTRY CLOSE Sold Prices

Land registry data shows three sales for 4 COVENTRY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 4 COVENTRY 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
2024 1 FEB	£175,000	£356,169	51% below HPI
2002 12 JUL	£79,950	£142,940	44% below HPI
1996 24 MAY	£46,500	£68,153	32% below HPI

4 COVENTRY 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 three 4 COVENTRY CLOSE sales between May 1996 and February 2024 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 July 2002 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the February 2024 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might 4 COVENTRY CLOSE be worth now?

4 COVENTRY CLOSE might now be worth an estimated £179,171.

This is based on house price inflation of 2.4%, between February 2024 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 2.4% inflationary increase is applied to the most recent sale price for 4 COVENTRY CLOSE of £175,000 on 1st February 2024. For the value to have increased from £175,000 to £179,171 over the one year to February 2025, the following assumptions must hold true:

• The value of 4 COVENTRY CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The February 2024 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 4 COVENTRY CLOSE has not materially changed since February 2024.

How Large is 4 COVENTRY CLOSE?

4 COVENTRY CLOSE is 69m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% 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 COVENTRY CLOSE lies on this distribution: 9% of detached houses houses are smaller than 4 COVENTRY CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Grantham.

4 COVENTRY CLOSE: Plot and Title Map

4 COVENTRY CLOSE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 4 COVENTRY 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 COVENTRY 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 COVENTRY CLOSE?

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