4, ERMINE CLOSE, ANCASTER, GRANTHAM, NG32 3RD - £169,950

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 ERMINE CLOSE is a small detached house of 84m², built sometime between 1950 and 1966. It was last sold for £169,950 in May 2015, which was around 29% below the average May 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2015, where the current energy rating was E, and the potential energy rating was B.

4 ERMINE CLOSE Sold Prices

Land registry data shows two sales for 4 ERMINE 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 ERMINE 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
2015 15 MAY	£169,950	£239,807	29% below HPI
2001 29 OCT	£78,000	£121,246	36% below HPI

4 ERMINE 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 ERMINE CLOSE sales from October 2001 and May 2015 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 October 2001 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2015 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 4 ERMINE CLOSE?

4 ERMINE CLOSE is 84m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 40% of detached houses in Ancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Ancaster, and where 4 ERMINE CLOSE lies on this distribution: 30% of detached houses are smaller than 4 ERMINE CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Ancaster.

4 ERMINE CLOSE: Plot and Title Map

4 ERMINE CLOSE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 4 ERMINE 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 ERMINE 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 ERMINE CLOSE?

4 ERMINE CLOSE is located in ANCASTER, in the NG32 postcode district. The below map shows the position of No. 4 on ERMINE CLOSE.