43, COVILL CLOSE, GREAT GONERBY, GRANTHAM, NG31 8PP - £165,000

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

43 COVILL CLOSE is a very small detached house of 80m², built sometime between 1991 and 1995. It was last sold for £165,000 in July 2010, which was around 25% below the average July 2010 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

43 COVILL CLOSE Sold Prices

Land registry data shows three sales for 43 COVILL 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 43 COVILL 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
2010 2 JUL	£165,000	£220,311	25% below HPI
2002 10 JAN	£93,500	£128,517	27% below HPI
1999 31 MAR	£63,500	£89,650	29% below HPI

43 COVILL 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 43 COVILL CLOSE sales between March 1999 and July 2010 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 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the July 2010 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 43 COVILL CLOSE?

43 COVILL CLOSE is 80m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 20% of detached houses in Great Gonerby, based on EPC data. The below chart shows the distribution of detached houses by size in Great Gonerby, and where 43 COVILL CLOSE lies on this distribution: 16% of detached houses are smaller than 43 COVILL CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Great Gonerby.

43 COVILL CLOSE: Plot and Title Map

43 COVILL CLOSE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 43 COVILL 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 43 COVILL 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 43 COVILL CLOSE?

43 COVILL CLOSE is located in GREAT GONERBY, in the NG31 postcode district. The below map shows the position of No. 43 on COVILL CLOSE.