5, RYEDALE CLOSE, GRANTHAM, NG31 8QT - £318,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 RYEDALE CLOSE is a midsized extended detached house of 108m², built sometime between 1996 and 2002, which could now be worth an estimated £309,706. It was last sold for £318,500 in February 2023, which was around 15% below the average February 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

5 RYEDALE CLOSE Sold Prices

Land registry data shows three sales for 5 RYEDALE 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 RYEDALE 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
2023 8 FEB	£318,500	£375,013	15% below HPI
2015 26 JUN	£216,000	£241,808	11% below HPI
2000 6 NOV	£95,950	£109,714	13% below HPI

5 RYEDALE 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 RYEDALE CLOSE sales between November 2000 and February 2023 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 June 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 5 RYEDALE CLOSE be worth now?

5 RYEDALE CLOSE might now be worth an estimated £309,706.

This is based on house price deflation of 2.8%, between February 2023 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.8% deflationary decrease is applied to the most recent sale price for 5 RYEDALE CLOSE of £318,500 on 8th February 2023. For the value to have decreased from £318,500 to £309,706 over the two years to February 2025, the following assumptions must hold true:

• The value of 5 RYEDALE CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The February 2023 sale price of £318,500 represented a fair market value for the property.
• The size, condition, and specification of 5 RYEDALE CLOSE has not materially changed since February 2023.

How Large is 5 RYEDALE CLOSE?

5 RYEDALE CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 50% of detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 5 RYEDALE CLOSE lies on this distribution: 45% of detached houses houses are smaller than 5 RYEDALE CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Grantham.

5 RYEDALE CLOSE: Plot and Title Map

5 RYEDALE CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 5 RYEDALE 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 RYEDALE 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 RYEDALE CLOSE?

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