6, CRAVEN CLOSE, HARLAXTON, GRANTHAM, NG32 1AS - £167,000

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.

6 CRAVEN CLOSE is a very small semi-detached house of 79m², built sometime between 1983 and 1990, which could now be worth an estimated £206,873. It was last sold for £167,000 in August 2020, which was around 13% below the average August 2020 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

6 CRAVEN CLOSE Sold Prices

Land registry data shows five sales for 6 CRAVEN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. Most of the five 6 CRAVEN 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
2020 13 AUG	£167,000	£191,174	13% below HPI
2014 30 MAY	£135,000	£142,111	5% below HPI
2009 19 OCT	£120,000	£132,916	10% below HPI
2005 24 AUG	£143,000	£135,545	6% above HPI
1995 19 MAY	£52,500	£42,352	24% above HPI

6 CRAVEN CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Kesteven local authority area over time, sourced from the HPI. The five 6 CRAVEN CLOSE sales between May 1995 and August 2020 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 May 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2020 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 6 CRAVEN CLOSE be worth now?

6 CRAVEN CLOSE might now be worth an estimated £206,873.

This is based on house price inflation of 23.9%, between August 2020 and June 2025, for semi-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 23.9% inflationary increase is applied to the most recent sale price for 6 CRAVEN CLOSE of £167,000 on 13th August 2020. For the value to have increased from £167,000 to £206,873 over the five years and two months to June 2025, the following assumptions must hold true:

• The value of 6 CRAVEN CLOSE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The August 2020 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 6 CRAVEN CLOSE has not materially changed since August 2020.

How Large is 6 CRAVEN CLOSE?

6 CRAVEN CLOSE is 79m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of semi-detached houses houses in Harlaxton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Harlaxton, and where 6 CRAVEN CLOSE lies on this distribution: 10% of semi-detached houses houses are smaller than 6 CRAVEN CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Harlaxton.

6 CRAVEN CLOSE: Plot and Title Map

6 CRAVEN CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 6 CRAVEN 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 6 CRAVEN 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 6 CRAVEN CLOSE?

6 CRAVEN CLOSE is located in HARLAXTON, in the NG32 postcode district. The below map shows the position of No. 6 on CRAVEN CLOSE.