4, OSTLER CLOSE, GONERBY HILL FOOT, GRANTHAM, NG31 8QE - £182,000

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 OSTLER CLOSE is a very small detached house of 81m², built sometime between 1967 and 1975, which could now be worth an estimated £306,134. It was last sold for £182,000 in January 2012, which was around 16% below the average January 2012 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

4 OSTLER CLOSE Sold Prices

Land registry data shows two sales for 4 OSTLER 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 OSTLER 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
2012 31 JAN	£182,000	£217,907	16% below HPI
2003 17 JAN	£139,000	£167,057	17% below HPI

4 OSTLER 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 OSTLER CLOSE sales from January 2003 and January 2012 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 January 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2012 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 4 OSTLER CLOSE be worth now?

4 OSTLER CLOSE might now be worth an estimated £306,134.

This is based on house price inflation of 68.2%, between January 2012 and March 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 68.2% inflationary increase is applied to the most recent sale price for 4 OSTLER CLOSE of £182,000 on 31st January 2012. For the value to have increased from £182,000 to £306,134 over the twelve years and ten months to March 2025, the following assumptions must hold true:

• The value of 4 OSTLER CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The January 2012 sale price of £182,000 represented a fair market value for the property.
• The size, condition, and specification of 4 OSTLER CLOSE has not materially changed since January 2012.

How Large is 4 OSTLER CLOSE?

4 OSTLER CLOSE is 81m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 20% 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 OSTLER CLOSE lies on this distribution: 19% of detached houses houses are smaller than 4 OSTLER CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Grantham.

4 OSTLER CLOSE: Plot and Title Map

4 OSTLER CLOSE sits on a plot of roughly 0.161 of an acre, or 650m². The below map shows the location of 4 OSTLER 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 OSTLER 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 OSTLER CLOSE?

4 OSTLER CLOSE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 4 on OSTLER CLOSE.