5, CAMBRIAN CLOSE, GONERBY HILL FOOT, GRANTHAM, NG31 8GQ - £228,000

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

5 CAMBRIAN CLOSE is a midsized detached house of 115m², built sometime between 1996 and 2002. It was last sold for £228,000 in May 2016, which was around 12% below the average May 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

5 CAMBRIAN CLOSE Sold Prices

Land registry data shows three sales for 5 CAMBRIAN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Two of the three 5 CAMBRIAN CLOSE sales were for below the average price, whilst one was 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
2016 4 MAY	£228,000	£260,567	12% below HPI
2013 18 OCT	£188,000	£233,773	20% below HPI
2004 29 JUN	£195,000	£193,884	1% above HPI

5 CAMBRIAN 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 three 5 CAMBRIAN CLOSE sales between June 2004 and May 2016 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 October 2013 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2016 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 5 CAMBRIAN CLOSE?

5 CAMBRIAN CLOSE is 115m² according to the EPC inspection conducted in February 2013. This puts it in the largest 50% 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 CAMBRIAN CLOSE lies on this distribution: 54% of detached houses are smaller than 5 CAMBRIAN CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Grantham.

5 CAMBRIAN CLOSE: Plot and Title Map

5 CAMBRIAN CLOSE sits on a plot of roughly 0.121 of an acre, or 492m². The below map shows the location of 5 CAMBRIAN 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 CAMBRIAN 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 CAMBRIAN CLOSE?

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