5, GUILDFORD CLOSE, GRANTHAM, NG31 8SJ - £238,000

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 GUILDFORD CLOSE is a small detached house of 93m², built sometime between 1991 and 1995. It was last sold for £238,000 in February 2021, which was around 28% below the average February 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

5 GUILDFORD CLOSE Sold Prices

Land registry data shows three sales for 5 GUILDFORD 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 GUILDFORD 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
2021 10 FEB	£238,000	£329,337	28% below HPI
2016 12 AUG	£215,000	£268,196	20% below HPI
2014 26 SEP	£193,000	£235,646	18% below HPI

5 GUILDFORD 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 GUILDFORD CLOSE sales between September 2014 and February 2021 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 August 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 5 GUILDFORD CLOSE?

5 GUILDFORD CLOSE is 93m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 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 GUILDFORD CLOSE lies on this distribution: 29% of detached houses are smaller than 5 GUILDFORD CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Grantham.

5 GUILDFORD CLOSE: Plot and Title Map

5 GUILDFORD CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 5 GUILDFORD 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 GUILDFORD 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 GUILDFORD CLOSE?

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