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

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 COVENTRY CLOSE is a very small detached house of 69m², built sometime between 1976 and 1982. 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	£360,001	51% below HPI
2002 12 JUL	£79,950	£145,333	45% below HPI
1996 24 MAY	£46,500	£69,294	33% 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 45% below the HPI. So the extrapolation line tracks at 45% 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.

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 in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 4 COVENTRY CLOSE lies on this distribution: 9% of detached 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.