4, LABURNUM CLOSE, GRANTHAM, NG31 9LS - £242,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

4 LABURNUM CLOSE is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £242,000 in June 2022, which was around 34% below the average June 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

4 LABURNUM CLOSE Sold Prices

Land registry data shows three sales for 4 LABURNUM 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 LABURNUM 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
2022 22 JUN	£242,000	£367,589	34% below HPI
2002 10 DEC	£122,000	£168,967	28% below HPI
1997 22 AUG	£68,500	£79,371	14% below HPI

4 LABURNUM 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 LABURNUM CLOSE sales between August 1997 and June 2022 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 December 2002 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2022 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 4 LABURNUM CLOSE?

4 LABURNUM CLOSE is 77m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 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 LABURNUM CLOSE lies on this distribution: 15% of detached houses are smaller than 4 LABURNUM CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Grantham.

4 LABURNUM CLOSE: Plot and Title Map

4 LABURNUM CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 4 LABURNUM 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 LABURNUM 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 LABURNUM CLOSE?

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