42, DURHAM CLOSE, GRANTHAM, NG31 8RL - £47,500

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

42 DURHAM CLOSE is a very small detached house of 61m², built sometime between 1967 and 1975. It was last sold for £47,500 in May 1997, which was around 38% below the average May 1997 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

42 DURHAM CLOSE Sold Prices

Land registry data shows two sales for 42 DURHAM 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 42 DURHAM 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
1997 1 MAY	£47,500	£76,680	38% below HPI
1997 27 FEB	£47,500	£73,653	36% below HPI

42 DURHAM 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 42 DURHAM CLOSE sales from February 1997 and May 1997 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 1997 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 1997 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 42 DURHAM CLOSE?

42 DURHAM CLOSE is 61m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 42 DURHAM CLOSE lies on this distribution: 5% of detached houses are smaller than 42 DURHAM CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Grantham.

42 DURHAM CLOSE: Plot and Title Map

42 DURHAM CLOSE sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of 42 DURHAM 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 42 DURHAM 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 42 DURHAM CLOSE?

42 DURHAM CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 42 on DURHAM CLOSE.