5, SCARBOROUGH CLOSE, GRANTHAM, NG31 8UN - £325,000

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 SCARBOROUGH CLOSE is a large detached house of 127m². It was last sold for £325,000 in April 2023, which was around 12% below the average April 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2015, where the current energy rating was B, and the potential energy rating was A.

5 SCARBOROUGH CLOSE Sold Prices

Land registry data shows two sales for 5 SCARBOROUGH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. One of the two 5 SCARBOROUGH CLOSE sales was for below the average price, whilst the other 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
2023 28 APR	£325,000	£370,293	12% below HPI
2015 9 OCT	£263,995	£254,973	4% above HPI

5 SCARBOROUGH 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 two 5 SCARBOROUGH CLOSE sales from October 2015 and April 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 October 2015 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the April 2023 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 5 SCARBOROUGH CLOSE?

5 SCARBOROUGH CLOSE is 127m² according to the EPC inspection conducted in September 2015. This puts it in the largest 40% 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 SCARBOROUGH CLOSE lies on this distribution: 66% of detached houses are smaller than 5 SCARBOROUGH CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Grantham.

5 SCARBOROUGH CLOSE: Plot and Title Map

5 SCARBOROUGH CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 5 SCARBOROUGH 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 SCARBOROUGH 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 SCARBOROUGH CLOSE?

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