7, BRECON CLOSE, GONERBY HILL FOOT, GRANTHAM, NG31 8FX - £229,950

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

7 BRECON CLOSE is a very large detached house of 170m², built sometime between 1991 and 1995. It was last sold for £229,950 in November 2017, which was around 21% below the average November 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was B.

7 BRECON CLOSE Sold Prices

Land registry data shows four sales for 7 BRECON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Most of the four 7 BRECON 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
2017 10 NOV	£229,950	£289,662	21% below HPI
2003 31 OCT	£178,000	£185,309	4% below HPI
2001 26 JUL	£111,000	£120,395	8% below HPI
1997 19 MAR	£86,995	£75,423	15% above HPI

7 BRECON 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 four 7 BRECON CLOSE sales between March 1997 and November 2017 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 October 2003 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2017 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 7 BRECON CLOSE?

7 BRECON CLOSE is 170m² according to the EPC inspection conducted in March 2016. 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 7 BRECON CLOSE lies on this distribution: 89% of detached houses are smaller than 7 BRECON CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Grantham.

7 BRECON CLOSE: Plot and Title Map

7 BRECON CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 7 BRECON 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 BRECON 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 BRECON CLOSE?

7 BRECON CLOSE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 7 on BRECON CLOSE.