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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

4 OSTLER CLOSE is a very small detached house of 81m², built sometime between 1967 and 1975. It was last sold for £182,000 in January 2012, which was around 18% 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	£221,555	18% below HPI
2003 17 JAN	£139,000	£169,853	18% 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 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2012 sale, which was also at 18% below the HPI.

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 in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 4 OSTLER CLOSE lies on this distribution: 19% of detached 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.