12, MERRICK CLOSE, GREAT GONERBY, GRANTHAM, NG31 8NL - £240,000

12 MERRICK CLOSE is a midsized detached house of 120m², built sometime between 1996 and 2002. It was last sold for £240,000 in September 2010, which was around 8% above the average September 2010 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

12 MERRICK CLOSE Sold Prices

Land registry data shows three sales for 12 MERRICK 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. Two of the three 12 MERRICK CLOSE sales were for above the average price, whilst one was 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
2010 22 SEP	£240,000	£221,719	8% above HPI
2007 19 NOV	£240,000	£246,334	3% below HPI
2001 16 FEB	£134,950	£114,874	17% above HPI

12 MERRICK 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 12 MERRICK CLOSE sales between February 2001 and September 2010 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 November 2007 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the September 2010 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 12 MERRICK CLOSE?

12 MERRICK CLOSE is 120m² according to the EPC inspection conducted in September 2009. This puts it in the largest 50% of detached houses in Great Gonerby, based on EPC data. The below chart shows the distribution of detached houses by size in Great Gonerby, and where 12 MERRICK CLOSE lies on this distribution: 52% of detached houses are smaller than 12 MERRICK CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Great Gonerby.

12 MERRICK CLOSE: Plot and Title Map

12 MERRICK CLOSE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 12 MERRICK 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 12 MERRICK 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 12 MERRICK CLOSE?

12 MERRICK CLOSE is located in GREAT GONERBY, in the NG31 postcode district. The below map shows the position of No. 12 on MERRICK CLOSE.