5, SOUTHWELL CLOSE, GRANTHAM, NG31 8PL - £435,000

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 SOUTHWELL CLOSE is a very large detached house of 150m², built sometime between 1983 and 1990. It was last sold for £435,000 in August 2023, which was around 15% above the average August 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

5 SOUTHWELL CLOSE Sold Prices

Land registry data shows three sales for 5 SOUTHWELL 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 SOUTHWELL 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
2023 18 AUG	£435,000	£377,152	15% above HPI
2014 31 OCT	£300,000	£237,517	26% above HPI
2009 18 DEC	£270,000	£216,566	25% above HPI

5 SOUTHWELL 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 SOUTHWELL CLOSE sales between December 2009 and August 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 2014 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the August 2023 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 5 SOUTHWELL CLOSE?

5 SOUTHWELL CLOSE is 150m² according to the EPC inspection conducted in June 2013. This puts it in the largest 20% 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 SOUTHWELL CLOSE lies on this distribution: 81% of detached houses are smaller than 5 SOUTHWELL CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Grantham.

5 SOUTHWELL CLOSE: Plot and Title Map

5 SOUTHWELL CLOSE sits on a plot of roughly 0.271 of an acre, or 1,095m². The below map shows the location of 5 SOUTHWELL 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 SOUTHWELL 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 SOUTHWELL CLOSE?

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