6, BELL CLOSE, GONERBY HILL FOOT, GRANTHAM, NG31 8GJ - £128,500

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

6 BELL CLOSE is a small extended detached house of 85m², built sometime between 1996 and 2002. It was last sold for £128,500 in March 2012, which was around 41% below the average March 2012 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

6 BELL CLOSE Sold Prices

Land registry data shows three sales for 6 BELL 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 6 BELL 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
2012 23 MAR	£128,500	£217,734	41% below HPI
2003 19 DEC	£137,000	£186,329	26% below HPI
1998 31 JUL	£65,000	£83,842	22% below HPI

6 BELL 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 6 BELL CLOSE sales between July 1998 and March 2012 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 December 2003 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2012 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 6 BELL CLOSE?

6 BELL CLOSE is 85m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 30% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 6 BELL CLOSE lies on this distribution: 22% of detached houses are smaller than 6 BELL CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Grantham.

6 BELL CLOSE: Plot and Title Map

6 BELL CLOSE sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 6 BELL 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 6 BELL 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 6 BELL CLOSE?

6 BELL CLOSE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 6 on BELL CLOSE.