8, BRECON CLOSE, GONERBY HILL FOOT, GRANTHAM, NG31 8FX - £278,000

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 BRECON CLOSE is a midsized extended detached house of 108m², built sometime between 1996 and 2002. It was last sold for £278,000 in September 2021, which was around 16% below the average September 2021 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 B.

8 BRECON CLOSE Sold Prices

Land registry data shows four sales for 8 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 8 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
2021 15 SEP	£278,000	£329,642	16% below HPI
2016 9 JUN	£222,500	£262,677	15% below HPI
2007 20 FEB	£219,000	£228,746	4% below HPI
1997 9 DEC	£85,950	£83,390	3% above HPI

8 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 8 BRECON CLOSE sales between December 1997 and September 2021 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 June 2016 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 8 BRECON CLOSE?

8 BRECON CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the smallest 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 8 BRECON CLOSE lies on this distribution: 45% of detached houses are smaller than 8 BRECON CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Grantham.

8 BRECON CLOSE: Plot and Title Map

8 BRECON CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 8 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 8 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 8 BRECON CLOSE?

8 BRECON CLOSE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 8 on BRECON CLOSE.