54, COVILL CLOSE, GREAT GONERBY, GRANTHAM, NG31 8PP - £245,000

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

54 COVILL CLOSE is a small detached house of 89m², built sometime between 1991 and 1995. It was last sold for £245,000 in June 2015, which was about the average June 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

54 COVILL CLOSE Sold Prices

Land registry data shows two sales for 54 COVILL 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 54 COVILL CLOSE sales was roughly equal to the average price, whilst the other was 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
2015 1 JUN	£245,000	£245,855	Close to HPI
2013 26 JUL	£183,500	£222,531	18% below HPI

54 COVILL 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 54 COVILL CLOSE sales from July 2013 and June 2015 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 July 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2015 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 54 COVILL CLOSE?

54 COVILL CLOSE is 89m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 30% of detached houses in Great Gonerby, based on EPC data. The below chart shows the distribution of detached houses by size in Great Gonerby, and where 54 COVILL CLOSE lies on this distribution: 26% of detached houses are smaller than 54 COVILL CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Great Gonerby.

54 COVILL CLOSE: Plot and Title Map

54 COVILL CLOSE sits on a plot of roughly 0.124 of an acre, or 504m². The below map shows the location of 54 COVILL 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 54 COVILL 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 54 COVILL CLOSE?

54 COVILL CLOSE is located in GREAT GONERBY, in the NG31 postcode district. The below map shows the position of No. 54 on COVILL CLOSE.