8, CARNOUSTIE CLOSE, GRANTHAM, NG31 9FF - £312,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 CARNOUSTIE CLOSE is a midsized extended detached house of 113m², built sometime between 2003 and 2006, which could now be worth an estimated £317,934. It was last sold for £312,500 in May 2024, which was around 14% below the average May 2024 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.

8 CARNOUSTIE CLOSE Sold Prices

Land registry data shows two sales for 8 CARNOUSTIE 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 8 CARNOUSTIE 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
2024 3 MAY	£312,500	£362,041	14% below HPI
2006 4 DEC	£212,000	£224,065	5% below HPI

8 CARNOUSTIE 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 CARNOUSTIE CLOSE sales from December 2006 and May 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 December 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2024 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 8 CARNOUSTIE CLOSE be worth now?

8 CARNOUSTIE CLOSE might now be worth an estimated £317,934.

This is based on house price inflation of 1.7%, between May 2024 and December 2024, 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 1.7% inflationary increase is applied to the most recent sale price for 8 CARNOUSTIE CLOSE of £312,500 on 3rd May 2024. For the value to have increased from £312,500 to £317,934 over the five months to December 2024, the following assumptions must hold true:

• The value of 8 CARNOUSTIE CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The May 2024 sale price of £312,500 represented a fair market value for the property.
• The size, condition, and specification of 8 CARNOUSTIE CLOSE has not materially changed since May 2024.

How Large is 8 CARNOUSTIE CLOSE?

8 CARNOUSTIE CLOSE is 113m², which includes three extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 50% of detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 8 CARNOUSTIE CLOSE lies on this distribution: 52% of detached houses houses are smaller than 8 CARNOUSTIE CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Grantham.

8 CARNOUSTIE CLOSE: Plot and Title Map

8 CARNOUSTIE CLOSE sits on a plot of roughly 0.134 of an acre, or 543m². The below map shows the location of 8 CARNOUSTIE 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 CARNOUSTIE 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 CARNOUSTIE CLOSE?

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