49, COVILL CLOSE, GREAT GONERBY, GRANTHAM, NG31 8PP - £149,000

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

49 COVILL CLOSE is a very small detached house of 62m², built sometime between 1983 and 1990. It was last sold for £149,000 in August 2012, which was around 32% below the average August 2012 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

49 COVILL CLOSE Sold Prices

Land registry data shows two sales for 49 COVILL 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 49 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
2012 15 AUG	£149,000	£218,720	32% below HPI
1996 16 MAY	£55,250	£69,294	20% below HPI

49 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 two 49 COVILL CLOSE sales from May 1996 and August 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 May 1996 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2012 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 49 COVILL CLOSE?

49 COVILL CLOSE is 62m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% 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 49 COVILL CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 49 COVILL CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Great Gonerby.

49 COVILL CLOSE: Plot and Title Map

49 COVILL CLOSE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 49 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 49 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 49 COVILL CLOSE?

49 COVILL CLOSE is located in GREAT GONERBY, in the NG31 postcode district. The below map shows the position of No. 49 on COVILL CLOSE.