8, LINDRICK CLOSE, GRANTHAM, NG31 9SS - £160,000

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 LINDRICK CLOSE is a small extended detached house of 89m², built sometime between 1991 and 1995. It was last sold for £160,000 in December 2018, which was around 47% below the average December 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was B.

8 LINDRICK CLOSE Sold Prices

Land registry data shows two sales for 8 LINDRICK 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 LINDRICK 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
2018 4 DEC	£160,000	£300,571	47% below HPI
1995 3 FEB	£48,500	£69,387	30% below HPI

8 LINDRICK 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 LINDRICK CLOSE sales from February 1995 and December 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 February 1995 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2018 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 8 LINDRICK CLOSE?

8 LINDRICK CLOSE is 89m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the smallest 30% 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 LINDRICK CLOSE lies on this distribution: 26% of detached houses are smaller than 8 LINDRICK CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Grantham.

8 LINDRICK CLOSE: Plot and Title Map

8 LINDRICK CLOSE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 8 LINDRICK 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 LINDRICK 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 LINDRICK CLOSE?

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