7, GOODMAN CLOSE, GRANTHAM, NG31 8PX - £395,000

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.

7 GOODMAN CLOSE is a large extended detached house of 158m², built sometime between 1996 and 2002, which could now be worth an estimated £489,090. It was last sold for £395,000 in May 2019, which was around 34% above the average May 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

7 GOODMAN CLOSE Sold Prices

Land registry data shows three sales for 7 GOODMAN 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 7 GOODMAN 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
2019 24 MAY	£395,000	£294,507	34% above HPI
2016 24 MAR	£320,000	£255,562	25% above HPI
2001 2 MAR	£142,000	£112,942	26% above HPI

7 GOODMAN 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 7 GOODMAN CLOSE sales between March 2001 and May 2019 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 March 2016 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the May 2019 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 7 GOODMAN CLOSE be worth now?

7 GOODMAN CLOSE might now be worth an estimated £489,090.

This is based on house price inflation of 23.8%, between May 2019 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 23.8% inflationary increase is applied to the most recent sale price for 7 GOODMAN CLOSE of £395,000 on 24th May 2019. For the value to have increased from £395,000 to £489,090 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 7 GOODMAN CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The May 2019 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GOODMAN CLOSE has not materially changed since May 2019.

How Large is 7 GOODMAN CLOSE?

7 GOODMAN CLOSE is 158m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 30% 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 7 GOODMAN CLOSE lies on this distribution: 76% of detached houses houses are smaller than 7 GOODMAN CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Great Gonerby.

7 GOODMAN CLOSE: Plot and Title Map

7 GOODMAN CLOSE sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 7 GOODMAN 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 GOODMAN 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 GOODMAN CLOSE?

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