5, BROOMWOOD CLOSE, GONERBY HILL FOOT, GRANTHAM, NG31 8GU - £208,000

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 BROOMWOOD CLOSE is a large detached house of 139m², built sometime between 1996 and 2002. It was last sold for £208,000 in July 2014, which was around 8% below the average July 2014 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.

5 BROOMWOOD CLOSE Sold Prices

Land registry data shows two sales for 5 BROOMWOOD 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 BROOMWOOD 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 7 JUL	£208,000	£226,163	8% below HPI
2012 24 SEP	£184,500	£221,098	17% below HPI

5 BROOMWOOD 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 BROOMWOOD CLOSE sales from September 2012 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 September 2012 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2014 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 5 BROOMWOOD CLOSE?

5 BROOMWOOD CLOSE is 139m² according to the EPC inspection conducted in November 2011. 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 BROOMWOOD CLOSE lies on this distribution: 75% of detached houses are smaller than 5 BROOMWOOD CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Grantham.

5 BROOMWOOD CLOSE: Plot and Title Map

5 BROOMWOOD CLOSE sits on a plot of roughly 0.169 of an acre, or 683m². The below map shows the location of 5 BROOMWOOD 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 BROOMWOOD 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 BROOMWOOD CLOSE?

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