7, BIRMINGHAM CLOSE, GRANTHAM, NG31 8SD - £140,000

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

7 BIRMINGHAM CLOSE is a small extended detached house of 95m², built sometime between 1983 and 1990. It was last sold for £140,000 in November 2020, which was around 55% below the average November 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

7 BIRMINGHAM CLOSE Sold Prices

Land registry data shows two sales for 7 BIRMINGHAM 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. Both of the two 7 BIRMINGHAM 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
2020 25 NOV	£140,000	£312,690	55% below HPI
2013 2 AUG	£157,000	£231,014	32% below HPI

7 BIRMINGHAM 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 7 BIRMINGHAM CLOSE sales from August 2013 and November 2020 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 August 2013 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2020 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 7 BIRMINGHAM CLOSE?

7 BIRMINGHAM CLOSE is 95m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the smallest 40% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 7 BIRMINGHAM CLOSE lies on this distribution: 31% of detached houses are smaller than 7 BIRMINGHAM CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Grantham.

7 BIRMINGHAM CLOSE: Plot and Title Map

7 BIRMINGHAM CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 7 BIRMINGHAM 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 7 BIRMINGHAM 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 7 BIRMINGHAM CLOSE?

7 BIRMINGHAM CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 7 on BIRMINGHAM CLOSE.