5, CORFE CLOSE, GRANTHAM, NG31 8TT - £270,000

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 CORFE CLOSE is a very large extended detached house of 178m², built sometime between 1996 and 2002. It was last sold for £270,000 in September 2013, which was around 15% above the average September 2013 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

5 CORFE CLOSE Sold Prices

Land registry data shows three sales for 5 CORFE 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. All of the three 5 CORFE CLOSE sales 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
2013 9 SEP	£270,000	£233,859	15% above HPI
2006 1 DEC	£265,000	£227,816	16% above HPI
2001 10 DEC	£176,495	£122,322	44% above HPI

5 CORFE 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 CORFE CLOSE sales between December 2001 and September 2013 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 2006 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the September 2013 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 5 CORFE CLOSE?

5 CORFE CLOSE is 178m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the largest 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 CORFE CLOSE lies on this distribution: 91% of detached houses are smaller than 5 CORFE CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Grantham.

5 CORFE CLOSE: Plot and Title Map

5 CORFE CLOSE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 5 CORFE 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 CORFE 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 CORFE CLOSE?

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