5, BLACKBURN CLOSE, GRANTHAM, NG31 8RY - £152,000

5 BLACKBURN CLOSE is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £152,000 in July 2014, which was around 33% below the average July 2014 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2020, where the current energy rating was D, and the potential energy rating was B.

5 BLACKBURN CLOSE Sold Prices

Land registry data shows two sales for 5 BLACKBURN 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 5 BLACKBURN 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
2014 11 JUL	£152,000	£226,163	33% below HPI
1997 30 JAN	£47,750	£74,178	36% below HPI

5 BLACKBURN 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 BLACKBURN CLOSE sales from January 1997 and July 2014 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 1997 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2014 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 5 BLACKBURN CLOSE?

5 BLACKBURN CLOSE is 70m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 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 5 BLACKBURN CLOSE lies on this distribution: 10% of detached houses are smaller than 5 BLACKBURN CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Grantham.

5 BLACKBURN CLOSE: Plot and Title Map

5 BLACKBURN CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 5 BLACKBURN 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 BLACKBURN 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 BLACKBURN CLOSE?

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