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 PRESTWICK CLOSE is a small detached house of 91m², built sometime between 1996 and 2002. It was last sold for £180,950 in October 2006, which was around 22% below the average October 2006 detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 8 PRESTWICK CLOSE since 1st 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 PRESTWICK 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 |
---|---|---|---|
2006 13 OCT | £180,950 | £233,031 | 22% below HPI |
2004 26 AUG | £166,000 | £207,757 | 20% below HPI |
1999 14 JUN | £75,000 | £89,635 | 16% below HPI |
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 PRESTWICK CLOSE sales between June 1999 and October 2006 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 August 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2006 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
8 PRESTWICK CLOSE is 91m² according to the EPC inspection conducted in December 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 PRESTWICK CLOSE lies on this distribution: 28% of detached houses are smaller than 8 PRESTWICK CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Grantham.
8 PRESTWICK CLOSE sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 8 PRESTWICK 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 PRESTWICK 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.
8 PRESTWICK CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 8 on PRESTWICK CLOSE.