22, COVILL CLOSE, GREAT GONERBY, GRANTHAM, NG31 8PP - £192,500

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.

22 COVILL CLOSE is a very small detached house of 77m², built sometime between 1991 and 1995, which could now be worth an estimated £314,839. It was last sold for £192,500 in June 2014, which was around 14% below the average June 2014 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

22 COVILL CLOSE Sold Prices

Land registry data shows two sales for 22 COVILL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 22 COVILL 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
2014 10 JUN	£192,500	£222,961	14% below HPI
1996 29 AUG	£64,950	£72,381	10% below HPI

22 COVILL 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 two 22 COVILL CLOSE sales from August 1996 and June 2014 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 1996 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2014 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 22 COVILL CLOSE be worth now?

22 COVILL CLOSE might now be worth an estimated £314,839.

This is based on house price inflation of 63.6%, between June 2014 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 63.6% inflationary increase is applied to the most recent sale price for 22 COVILL CLOSE of £192,500 on 10th June 2014. For the value to have increased from £192,500 to £314,839 over the eleven years and four months to February 2025, the following assumptions must hold true:

• The value of 22 COVILL CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The June 2014 sale price of £192,500 represented a fair market value for the property.
• The size, condition, and specification of 22 COVILL CLOSE has not materially changed since June 2014.

How Large is 22 COVILL CLOSE?

22 COVILL CLOSE is 77m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 10% 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 22 COVILL CLOSE lies on this distribution: 8% of detached houses houses are smaller than 22 COVILL CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Great Gonerby.

22 COVILL CLOSE: Plot and Title Map

22 COVILL CLOSE sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 22 COVILL 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 22 COVILL 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 22 COVILL CLOSE?

22 COVILL CLOSE is located in GREAT GONERBY, in the NG31 postcode district. The below map shows the position of No. 22 on COVILL CLOSE.