3, COVENTRY CLOSE, GRANTHAM, NG31 8SB - £147,500

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.

3 COVENTRY CLOSE is a very small detached house of 70m², built sometime between 1983 and 1990, which could now be worth an estimated £204,279. It was last sold for £147,500 in September 2016, which was around 45% below the average September 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

3 COVENTRY CLOSE Sold Prices

Land registry data shows three sales for 3 COVENTRY 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. All of the three 3 COVENTRY 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
2016 7 SEP	£147,500	£266,034	45% below HPI
2005 22 MAR	£127,500	£198,368	36% below HPI
2000 13 JUL	£71,000	£106,486	33% below HPI

3 COVENTRY 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 3 COVENTRY CLOSE sales between July 2000 and September 2016 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 2005 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2016 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 3 COVENTRY CLOSE be worth now?

3 COVENTRY CLOSE might now be worth an estimated £204,279.

This is based on house price inflation of 38.5%, between September 2016 and June 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 38.5% inflationary increase is applied to the most recent sale price for 3 COVENTRY CLOSE of £147,500 on 7th September 2016. For the value to have increased from £147,500 to £204,279 over the nine years and three months to June 2025, the following assumptions must hold true:

• The value of 3 COVENTRY CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The September 2016 sale price of £147,500 represented a fair market value for the property.
• The size, condition, and specification of 3 COVENTRY CLOSE has not materially changed since September 2016.

How Large is 3 COVENTRY CLOSE?

3 COVENTRY CLOSE is 70m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 20% 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 3 COVENTRY CLOSE lies on this distribution: 10% of detached houses houses are smaller than 3 COVENTRY CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Grantham.

3 COVENTRY CLOSE: Plot and Title Map

3 COVENTRY CLOSE sits on a plot of roughly 0.071 of an acre, or 288m². The below map shows the location of 3 COVENTRY 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 3 COVENTRY 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 3 COVENTRY CLOSE?

3 COVENTRY CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 3 on COVENTRY CLOSE.