5, BRECON CLOSE, GONERBY HILL FOOT, GRANTHAM, NG31 8FX - £279,950

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.

5 BRECON CLOSE is a large extended detached house of 134m², built sometime between 1996 and 2002, which could now be worth an estimated £336,316. It was last sold for £279,950 in October 2019, which was around 8% below the average October 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was C.

5 BRECON CLOSE Sold Prices

Land registry data shows four sales for 5 BRECON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. two of the four 5 BRECON CLOSE sales were for below the average price, and four 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
2019 11 OCT	£279,950	£305,101	8% below HPI
2009 4 DEC	£200,000	£213,001	6% below HPI
2005 13 MAY	£220,000	£205,104	7% above HPI
1997 26 SEP	£105,950	£78,704	35% above HPI

5 BRECON 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 four 5 BRECON CLOSE sales between September 1997 and October 2019 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 2009 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the October 2019 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 5 BRECON CLOSE be worth now?

5 BRECON CLOSE might now be worth an estimated £336,316.

This is based on house price inflation of 20.1%, between October 2019 and March 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 20.1% inflationary increase is applied to the most recent sale price for 5 BRECON CLOSE of £279,950 on 11th October 2019. For the value to have increased from £279,950 to £336,316 over the six years and seven months to March 2025, the following assumptions must hold true:

• The value of 5 BRECON CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The October 2019 sale price of £279,950 represented a fair market value for the property.
• The size, condition, and specification of 5 BRECON CLOSE has not materially changed since October 2019.

How Large is 5 BRECON CLOSE?

5 BRECON CLOSE is 134m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 30% of detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 5 BRECON CLOSE lies on this distribution: 72% of detached houses houses are smaller than 5 BRECON CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Grantham.

5 BRECON CLOSE: Plot and Title Map

5 BRECON CLOSE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 5 BRECON 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 BRECON 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 BRECON CLOSE?

5 BRECON CLOSE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 5 on BRECON CLOSE.