23, RAVENDALE CLOSE, GRANTHAM, NG31 8BS - £265,000

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.

23 RAVENDALE CLOSE is a small detached house of 102m², built sometime between 1983 and 1990, which could now be worth an estimated £268,803. It was last sold for £265,000 in October 2024, which was around 27% below the average October 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

23 RAVENDALE CLOSE Sold Prices

Land registry data shows two sales for 23 RAVENDALE 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 23 RAVENDALE 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
2024 4 OCT	£265,000	£361,346	27% below HPI
2002 1 MAR	£97,000	£128,249	24% below HPI

23 RAVENDALE 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 23 RAVENDALE CLOSE sales from March 2002 and October 2024 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 March 2002 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2024 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 23 RAVENDALE CLOSE be worth now?

23 RAVENDALE CLOSE might now be worth an estimated £268,803.

This is based on house price inflation of 1.4%, between October 2024 and March 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 1.4% inflationary increase is applied to the most recent sale price for 23 RAVENDALE CLOSE of £265,000 on 4th October 2024. For the value to have increased from £265,000 to £268,803 over the one year and seven months to March 2025, the following assumptions must hold true:

• The value of 23 RAVENDALE CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The October 2024 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 23 RAVENDALE CLOSE has not materially changed since October 2024.

How Large is 23 RAVENDALE CLOSE?

23 RAVENDALE CLOSE is 102m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 40% of detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 23 RAVENDALE CLOSE lies on this distribution: 39% of detached houses houses are smaller than 23 RAVENDALE CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Grantham.

23 RAVENDALE CLOSE: Plot and Title Map

23 RAVENDALE CLOSE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 23 RAVENDALE 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 23 RAVENDALE 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 23 RAVENDALE CLOSE?

23 RAVENDALE CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 23 on RAVENDALE CLOSE.