5, BIRMINGHAM CLOSE, GRANTHAM, NG31 8SD - £375,000

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

5 BIRMINGHAM CLOSE is a large extended detached house of 131m², built sometime between 1983 and 1990. It was last sold for £375,000 in June 2023, which was around 1% above the average June 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was C.

5 BIRMINGHAM CLOSE Sold Prices

Land registry data shows two sales for 5 BIRMINGHAM 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. One of the two 5 BIRMINGHAM CLOSE sales was for above the average price, whilst the other was 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
2023 29 JUN	£375,000	£370,706	1% above HPI
2007 13 JUL	£230,000	£239,498	4% below HPI

5 BIRMINGHAM 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 5 BIRMINGHAM CLOSE sales from July 2007 and June 2023 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 July 2007 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the June 2023 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 5 BIRMINGHAM CLOSE?

5 BIRMINGHAM CLOSE is 131m², which includes one extension, according to the EPC inspection conducted in August 2022. This puts it in the largest 30% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 5 BIRMINGHAM CLOSE lies on this distribution: 70% of detached houses are smaller than 5 BIRMINGHAM CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Grantham.

5 BIRMINGHAM CLOSE: Plot and Title Map

5 BIRMINGHAM CLOSE sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 5 BIRMINGHAM 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 5 BIRMINGHAM 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 5 BIRMINGHAM CLOSE?

5 BIRMINGHAM CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 5 on BIRMINGHAM CLOSE.