2, ABRAHAM CLOSE, GRANTHAM, NG31 8PS - £202,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 ABRAHAM CLOSE is a small detached house of 97m², built sometime between 1996 and 2002, which could now be worth an estimated £297,438. It was last sold for £202,000 in August 2015, which was around 18% below the average August 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

2 ABRAHAM CLOSE Sold Prices

Land registry data shows six sales for 2 ABRAHAM CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Most of the six 2 ABRAHAM 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
2015 5 AUG	£202,000	£247,652	18% below HPI
2010 17 DEC	£196,500	£217,705	10% below HPI
2010 22 JAN	£187,500	£212,142	12% below HPI
2007 1 NOV	£215,000	£242,279	11% below HPI
2001 14 DEC	£127,500	£120,308	6% above HPI
2000 3 MAR	£92,950	£93,627	1% below HPI

2 ABRAHAM 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 six 2 ABRAHAM CLOSE sales between March 2000 and August 2015 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 2010 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2015 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 ABRAHAM CLOSE be worth now?

2 ABRAHAM CLOSE might now be worth an estimated £297,438.

This is based on house price inflation of 47.2%, between August 2015 and February 2025, 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 47.2% inflationary increase is applied to the most recent sale price for 2 ABRAHAM CLOSE of £202,000 on 5th August 2015. For the value to have increased from £202,000 to £297,438 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 2 ABRAHAM CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The August 2015 sale price of £202,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ABRAHAM CLOSE has not materially changed since August 2015.

How Large is 2 ABRAHAM CLOSE?

2 ABRAHAM CLOSE is 97m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 40% of detached houses houses in Great Gonerby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Gonerby, and where 2 ABRAHAM CLOSE lies on this distribution: 33% of detached houses houses are smaller than 2 ABRAHAM CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Great Gonerby.

2 ABRAHAM CLOSE: Plot and Title Map

2 ABRAHAM CLOSE sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 2 ABRAHAM 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 2 ABRAHAM 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 2 ABRAHAM CLOSE?

2 ABRAHAM CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 2 on ABRAHAM CLOSE.