5, BURROWS CLOSE, GRANTHAM, NG31 7WP - £225,000

5 BURROWS CLOSE is a small detached house of 94m². It was last sold for £225,000 in June 2021, which was around 32% below the average June 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was C.

5 BURROWS CLOSE Sold Prices

Land registry data shows two sales for 5 BURROWS 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 5 BURROWS 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
2021 11 JUN	£225,000	£328,593	32% below HPI
2018 3 AUG	£214,500	£304,523	30% below HPI

5 BURROWS 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 5 BURROWS CLOSE sales from August 2018 and June 2021 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 2018 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 5 BURROWS CLOSE?

5 BURROWS CLOSE is 94m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 40% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 5 BURROWS CLOSE lies on this distribution: 31% of detached houses are smaller than 5 BURROWS CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Grantham.

5 BURROWS CLOSE: Plot and Title Map

5 BURROWS CLOSE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 5 BURROWS 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 5 BURROWS 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 5 BURROWS CLOSE?

5 BURROWS CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 5 on BURROWS CLOSE.