4, GRIMSTHORPE CLOSE, GRANTHAM, NG31 8SS - £196,000

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 GRIMSTHORPE CLOSE is a midsized extended detached house of 116m², built sometime between 1996 and 2002. It was last sold for £196,000 in October 2014, which was around 17% below the average October 2014 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

4 GRIMSTHORPE CLOSE Sold Prices

Land registry data shows four sales for 4 GRIMSTHORPE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Most of the four 4 GRIMSTHORPE 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
2014 9 OCT	£196,000	£237,517	17% below HPI
2006 24 FEB	£202,000	£212,912	5% below HPI
2003 30 MAY	£165,000	£171,876	4% below HPI
1999 29 APR	£93,995	£89,617	5% above HPI

4 GRIMSTHORPE 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 four 4 GRIMSTHORPE CLOSE sales between April 1999 and October 2014 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 February 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the October 2014 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 4 GRIMSTHORPE CLOSE?

4 GRIMSTHORPE CLOSE is 116m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the largest 50% 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 GRIMSTHORPE CLOSE lies on this distribution: 56% of detached houses are smaller than 4 GRIMSTHORPE CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Grantham.

4 GRIMSTHORPE CLOSE: Plot and Title Map

4 GRIMSTHORPE CLOSE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 4 GRIMSTHORPE 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 GRIMSTHORPE 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 GRIMSTHORPE CLOSE?

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