8, BAMBURGH CLOSE, GRANTHAM, NG31 8UL - £310,000

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

8 BAMBURGH CLOSE is a large detached house of 127m². It was last sold for £310,000 in March 2024, which was around 17% below the average March 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2015, where the current energy rating was B, and the potential energy rating was A.

8 BAMBURGH CLOSE Sold Prices

Land registry data shows two sales for 8 BAMBURGH 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. One of the two 8 BAMBURGH CLOSE sales was for below the average price, whilst the other was 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
2024 22 MAR	£310,000	£372,094	17% below HPI
2015 8 JAN	£239,995	£235,277	2% above HPI

8 BAMBURGH 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 8 BAMBURGH CLOSE sales from January 2015 and March 2024 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 January 2015 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2024 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 8 BAMBURGH CLOSE?

8 BAMBURGH CLOSE is 127m² according to the EPC inspection conducted in January 2015. This puts it in the largest 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 8 BAMBURGH CLOSE lies on this distribution: 66% of detached houses are smaller than 8 BAMBURGH CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Grantham.

8 BAMBURGH CLOSE: Plot and Title Map

8 BAMBURGH CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 8 BAMBURGH 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 8 BAMBURGH 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 8 BAMBURGH CLOSE?

8 BAMBURGH CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 8 on BAMBURGH CLOSE.