8, PEACHWOOD CLOSE, GONERBY HILL FOOT, GRANTHAM, NG31 8QP - £280,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 PEACHWOOD CLOSE is a very large extended detached house of 160m², built sometime between 1996 and 2002. It was last sold for £280,000 in September 2017, which was around 4% below the average September 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

8 PEACHWOOD CLOSE Sold Prices

Land registry data shows three sales for 8 PEACHWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 8 PEACHWOOD 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
2017 19 SEP	£280,000	£290,320	4% below HPI
2008 18 JAN	£227,000	£242,604	6% below HPI
1999 19 NOV	£35,950	£95,626	62% below HPI

8 PEACHWOOD 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 three 8 PEACHWOOD CLOSE sales between November 1999 and September 2017 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 2008 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the September 2017 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 8 PEACHWOOD CLOSE?

8 PEACHWOOD CLOSE is 160m², which includes three extensions, according to the EPC inspection conducted in April 2017. This puts it in the largest 20% 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 PEACHWOOD CLOSE lies on this distribution: 86% of detached houses are smaller than 8 PEACHWOOD CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Grantham.

8 PEACHWOOD CLOSE: Plot and Title Map

8 PEACHWOOD CLOSE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 8 PEACHWOOD 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 PEACHWOOD 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 PEACHWOOD CLOSE?

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