47, MINERVA CLOSE, ANCASTER, GRANTHAM, NG32 3LJ - £242,000

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.

47 MINERVA CLOSE is a large detached house of 121m², built sometime from 2007 onwards, which could now be worth an estimated £290,440. It was last sold for £242,000 in October 2020, which was around 20% below the average October 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2019, where the current energy rating was E, and the potential energy rating was D.

47 MINERVA CLOSE Sold Prices

Land registry data shows two sales for 47 MINERVA 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 47 MINERVA 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
2020 21 OCT	£242,000	£303,841	20% below HPI
2007 7 DEC	£229,995	£240,571	4% below HPI

47 MINERVA 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 47 MINERVA CLOSE sales from December 2007 and October 2020 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 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 47 MINERVA CLOSE be worth now?

47 MINERVA CLOSE might now be worth an estimated £290,440.

This is based on house price inflation of 20%, between October 2020 and February 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 20% inflationary increase is applied to the most recent sale price for 47 MINERVA CLOSE of £242,000 on 21st October 2020. For the value to have increased from £242,000 to £290,440 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 47 MINERVA CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The October 2020 sale price of £242,000 represented a fair market value for the property.
• The size, condition, and specification of 47 MINERVA CLOSE has not materially changed since October 2020.

How Large is 47 MINERVA CLOSE?

47 MINERVA CLOSE is 121m² according to the EPC inspection conducted in November 2019. This puts it in the largest 40% of detached houses houses in Ancaster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ancaster, and where 47 MINERVA CLOSE lies on this distribution: 67% of detached houses houses are smaller than 47 MINERVA CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Ancaster.

47 MINERVA CLOSE: Plot and Title Map

47 MINERVA CLOSE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 47 MINERVA 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 47 MINERVA 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 47 MINERVA CLOSE?

47 MINERVA CLOSE is located in ANCASTER, in the NG32 postcode district. The below map shows the position of No. 47 on MINERVA CLOSE.