7, WARWICK CLOSE, GRANTHAM, NG31 8RG - £347,000

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 WARWICK CLOSE is a midsized detached house of 112m², built sometime between 1976 and 1982. It was last sold for £347,000 in September 2022, which was around 10% below the average September 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

7 WARWICK CLOSE Sold Prices

Land registry data shows two sales for 7 WARWICK 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 WARWICK 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
2022 30 SEP	£347,000	£383,801	10% below HPI
1998 21 AUG	£69,950	£84,887	18% below HPI

7 WARWICK 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 WARWICK CLOSE sales from August 1998 and September 2022 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 1998 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 7 WARWICK CLOSE?

7 WARWICK CLOSE is 112m² according to the EPC inspection conducted in April 2022. This puts it in the largest 50% 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 WARWICK CLOSE lies on this distribution: 51% of detached houses are smaller than 7 WARWICK CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Grantham.

7 WARWICK CLOSE: Plot and Title Map

7 WARWICK CLOSE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 7 WARWICK 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 WARWICK 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 WARWICK CLOSE?

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