2, GRACE CLOSE, SLEAFORD, NG34 7GQ - £137,000

2 GRACE CLOSE is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £137,000 in June 2006, which was around 25% below the average June 2006 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

2 GRACE CLOSE Sold Prices

Land registry data shows three sales for 2 GRACE 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 North Kesteven local authority area for the corresponding sale date. All of the three 2 GRACE 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 16 JUN	£137,000	£183,174	25% below HPI
2004 14 JUN	£122,500	£166,494	26% below HPI
2001 23 NOV	£73,500	£92,321	20% below HPI

2 GRACE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 2 GRACE CLOSE sales between November 2001 and June 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 June 2004 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2006 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 GRACE CLOSE?

2 GRACE CLOSE is 77m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 2 GRACE CLOSE lies on this distribution: 15% of detached houses are smaller than 2 GRACE CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

2 GRACE CLOSE: Plot and Title Map

2 GRACE CLOSE sits on a plot of roughly 0.072 of an acre, or 289m². The below map shows the location of 2 GRACE 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 GRACE 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 GRACE CLOSE?

2 GRACE CLOSE is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 2 on GRACE CLOSE.