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 PEACHWOOD CLOSE is a very large extended detached house of 163m², built sometime between 1996 and 2002. It was last sold for £316,000 in October 2018, which was around 3% above the average October 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows six sales for 7 PEACHWOOD CLOSE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Most of the six 7 PEACHWOOD 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 |
---|---|---|---|
2018 18 OCT | £316,000 | £306,579 | 3% above HPI |
2016 15 AUG | £280,000 | £268,196 | 4% above HPI |
2015 28 AUG | £246,000 | £251,797 | 2% below HPI |
2007 14 SEP | £237,500 | £247,620 | 4% below HPI |
2007 30 MAY | £245,000 | £237,947 | 3% above HPI |
1999 24 MAY | £115,950 | £89,660 | 29% 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 six 7 PEACHWOOD CLOSE sales between May 1999 and October 2018 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 2016 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2018 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.
7 PEACHWOOD CLOSE is 163m², which includes one extension, according to the EPC inspection conducted in February 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 PEACHWOOD CLOSE lies on this distribution: 87% of detached houses are smaller than 7 PEACHWOOD CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Grantham.
7 PEACHWOOD CLOSE sits on a plot of roughly 0.089 of an acre, or 358m². The below map shows the location of 7 PEACHWOOD 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 PEACHWOOD 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.
7 PEACHWOOD CLOSE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 7 on PEACHWOOD CLOSE.