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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 5, Ermine Close, Grantham is a mid-century freehold house with 882 ft2 of internal area and sits on a 1,005 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Ermine Close, Grantham is £243,030 and the estimated rental value is £1,197 per month.
Ermine Close, Ancaster, Grantham, NG32 is located in the borough of South Kesteven within the NG32 postal district.
5, Ermine Close, Grantham has a single entry in the Land Registry from January 2015 and a single entry in the EPC database dated August 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 5, Ermine Close, Grantham is in very good condition we estimate a sale value of £255,182 and a rental value of £1,257 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,018 and a rental value of £1,113 per month.
Over the last 12 months the sale value of 5 Ermine Close Grantham has decreased by an estimated £6,900 (2.8%) and its rental value has increased by an estimated £24 per month (2.0%), giving an expected gross yield of 5.9%.
According to data from HM Land Registry, 5, Ermine Close, Grantham sits on a plot of 1005m2.
We have plot size data on 5 out of 7 other houses in the postcode and 5, Ermine Close, Grantham sits on the largest plot.
5, Ermine Close, Grantham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Aug 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, dual fuel (mineral and wood).
According to HM Land Registry, 5, Ermine Close, Grantham was last sold on 7th January 2015 for £162,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2015, the market for similar properties has risen 71.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Ermine Close, Grantham within a radius of 5.5 kilometres over the last 2 years.
The most recent example is 5, West View, Grantham, NG32 3RE, a freehold house which sold for £180,000 on the 8th September 2023.
Read more about house prices in NG32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ermine Close, Ancaster, Grantham, NG32 has a total of 7 addresses. According to our analysis of all the public data, 5, Ermine Close, Grantham is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £111k less expensive than the average property in NG32.
The closest station to 5, Ermine Close, Grantham is Ancaster station which is 300 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, Ermine Close, Grantham, 47.8% of property is privately owned outright and 35.2% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 5, Ermine Close, Grantham, 19.7% of residents are recorded as possessing school level qualifications and 30.3% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 5, Ermine Close, Grantham, the average age was 47 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 5, Ermine Close, Grantham, 1.4% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 5, Ermine Close, Grantham, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
