58, COVILL CLOSE, GREAT GONERBY, GRANTHAM, NG31 8PP - £360,000

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.

58 COVILL CLOSE is a midsized detached house of 108m², built sometime between 1991 and 1995, which could now be worth an estimated £360,055. It was last sold for £360,000 in June 2023, which was around 1% below the average June 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

58 COVILL CLOSE Sold Prices

Land registry data shows five sales for 58 COVILL CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Most of the five 58 COVILL 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 19 JUN	£360,000	£364,603	1% below HPI
2023 24 FEB	£330,000	£375,013	12% below HPI
2010 30 SEP	£249,000	£218,069	14% above HPI
2003 15 JAN	£190,000	£167,057	14% above HPI
1996 29 APR	£89,950	£67,108	34% above HPI

58 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 five 58 COVILL CLOSE sales between April 1996 and June 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 February 2023 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the June 2023 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 58 COVILL CLOSE be worth now?

58 COVILL CLOSE might now be worth an estimated £360,055.

This is based on house price inflation of 0%, between June 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 0% inflationary increase is applied to the most recent sale price for 58 COVILL CLOSE of £360,000 on 19th June 2023. For the value to have increased from £360,000 to £360,055 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 58 COVILL CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The June 2023 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 58 COVILL CLOSE has not materially changed since June 2023.

How Large is 58 COVILL CLOSE?

58 COVILL CLOSE is 108m² according to the EPC inspection conducted in February 2023. This puts it in the smallest 50% of detached houses houses in Great Gonerby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Gonerby, and where 58 COVILL CLOSE lies on this distribution: 42% of detached houses houses are smaller than 58 COVILL CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Great Gonerby.

58 COVILL CLOSE: Plot and Title Map

58 COVILL CLOSE sits on a plot of roughly 0.147 of an acre, or 596m². The below map shows the location of 58 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 58 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 58 COVILL CLOSE?

58 COVILL CLOSE is located in GREAT GONERBY, in the NG31 postcode district. The below map shows the position of No. 58 on COVILL CLOSE.