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 GRIMSTHORPE CLOSE is a small detached house of 109m², built sometime between 1983 and 1990. It was last sold for £355,000 in August 2024, which was around 5% below the average August 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 5 GRIMSTHORPE CLOSE since 1st 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 GRIMSTHORPE 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 |
---|---|---|---|
2024 28 AUG | £355,000 | £372,962 | 5% below HPI |
2021 25 FEB | £287,500 | £329,337 | 13% below HPI |
2017 2 JUN | £262,000 | £282,729 | 7% below HPI |
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 GRIMSTHORPE CLOSE sales between June 2017 and August 2024 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 February 2021 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2024 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.
5 GRIMSTHORPE CLOSE is 109m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 40% of detached houses in Market Deeping, based on EPC data. The below chart shows the distribution of detached houses by size in Market Deeping, and where 5 GRIMSTHORPE CLOSE lies on this distribution: 39% of detached houses are smaller than 5 GRIMSTHORPE CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Market Deeping.
5 GRIMSTHORPE CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 5 GRIMSTHORPE 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 GRIMSTHORPE 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.
5 GRIMSTHORPE CLOSE is located in MARKET DEEPING, in the PE6 postcode district. The below map shows the position of No. 5 on GRIMSTHORPE CLOSE.