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
62 DURHAM CLOSE is a very large extended detached house of 168m², built sometime between 1976 and 1982. It was last sold for £205,000 in March 2012, which was around 6% below the average March 2012 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 62 DURHAM CLOSE since 1st 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 62 DURHAM 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 |
---|---|---|---|
2012 21 MAR | £205,000 | £217,734 | 6% below HPI |
2005 11 NOV | £230,000 | £214,318 | 7% above HPI |
2001 31 JUL | £130,000 | £120,395 | 8% above HPI |
2000 30 JUN | £122,000 | £105,723 | 15% above HPI |
1996 3 JAN | £85,000 | £68,842 | 23% above HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The five 62 DURHAM CLOSE sales between January 1996 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 November 2005 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2012 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.
62 DURHAM CLOSE is 168m², which includes three extensions, according to the EPC inspection conducted in May 2022. 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 62 DURHAM CLOSE lies on this distribution: 89% of detached houses are smaller than 62 DURHAM CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Grantham.
62 DURHAM CLOSE sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 62 DURHAM 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 62 DURHAM 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.
62 DURHAM CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 62 on DURHAM CLOSE.