44, ORCHARD CLOSE, GONERBY HILL FOOT, GRANTHAM, NG31 8HD - £320,000

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

44 ORCHARD CLOSE is a very large extended detached house of 177m², built sometime between 1983 and 1990. It was last sold for £320,000 in November 2017, which was around 10% above the average November 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was C.

44 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 44 ORCHARD 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 44 ORCHARD CLOSE sales were for above 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
2017 21 NOV	£320,000	£289,662	10% above HPI
1997 17 DEC	£133,300	£83,390	60% above HPI

44 ORCHARD 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 44 ORCHARD CLOSE sales from December 1997 and November 2017 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 1997 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the November 2017 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 44 ORCHARD CLOSE?

44 ORCHARD CLOSE is 177m², which includes one extension, according to the EPC inspection conducted in April 2017. This puts it in the largest 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 44 ORCHARD CLOSE lies on this distribution: 91% of detached houses are smaller than 44 ORCHARD CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Grantham.

44 ORCHARD CLOSE: Plot and Title Map

44 ORCHARD CLOSE sits on a plot of roughly 0.273 of an acre, or 1,106m². The below map shows the location of 44 ORCHARD 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 44 ORCHARD 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 44 ORCHARD CLOSE?

44 ORCHARD CLOSE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 44 on ORCHARD CLOSE.