# 4 bedroom detached house for sale (NG31 8BS) ## Property Details | Key | Value | |-----|-------| | Address | 23 RAVENDALE CLOSE, GRANTHAM, LINCOLNSHIRE NG31 8BS | | Price | £250,000 | | Bedrooms | 4 | | Bathrooms | 1 | | Last sold | £265,000 Oct 2024 | ## Description ** Guide Price £250,000 - £270.000 **  Located on the popular Manthorpe estate and close to both Primary and Secondary Schooling you will find this Detached Family Home. The property  has accommodation that comprises of Entrance Hall, Lounge, Dining Room, Kitchen, Cloakroom, FOUR Bedrooms and Bathroom. Outside you will find a driveway that leads to the single garage and there are also front and rear gardens. The property also comes with the added benefits from Gas Central Heating, uPVC Double Glazing and is also being sold with no onward chain. So if you are looking for a DETACHED FAMILY HOME in a popular location and close to schooling then this maybe just what you are looking for, call the office today to book your viewing. EPC rating: C. Tenure: Freehold, ## Property Photos - ![Photo](/listings/photos/146614442/548347) - ![Photo](/listings/photos/146614442/548348) - ![Photo](/listings/photos/146614442/548349) - ![Photo](/listings/photos/146614442/548350) - ![Photo](/listings/photos/146614442/548351) - ![Photo](/listings/photos/146614442/548352) - ![Photo](/listings/photos/146614442/548353) - ![Photo](/listings/photos/146614442/548354) - ![Photo](/listings/photos/146614442/548355) - ![Photo](/listings/photos/146614442/548356) - ![Photo](/listings/photos/146614442/548357) - ![Photo](/listings/photos/146614442/548358) - ![Photo](/listings/photos/146614442/548359) - ![Photo](/listings/photos/146614442/548360) - ![Photo](/listings/photos/146614442/548361) - ![Photo](/listings/photos/146614442/548362) - ![Photo](/listings/photos/146614442/548363) - ![Photo](/listings/photos/146614442/548364) - ![Photo](/listings/photos/146614442/548365) - ![Photo](/listings/photos/146614442/548366) - ![Photo](/listings/photos/146614442/548367) - ![Photo](/listings/photos/146614442/548368) - ![Photo](/listings/photos/146614442/548369) - ![Photo](/listings/photos/146614442/548370) ## Floorplans - ![Floorplan](/listings/photos/146614442/548371) - Floorplan ## EPC Graphs - ![EPC Certificate](/listings/photos/146614442/548372) - EPC Certificate ## FENSA Certificates This property has 2 FENSA certificate(s) on record. ### FENSA Certificate #794206 - **Address:** 23 Ravendale Close, Grantham, NG31 8BS - **Certificate Issued:** 21/07/2003 - **Work Completed:** 09/06/2003 - **Items:** 3 window(s), 2 door(s) ### FENSA Certificate #393082 - **Address:** 23 Ravendale Close, Manthorpe, NG31 8BS - **Certificate Issued:** 14/02/2003 - **Work Completed:** 18/12/2002 - **Items:** 7 window(s), 1 door(s) ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 23 RAVENDALE CLOSE, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8BS | £265,000 | 04/10/2024 | Detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 3 APPLEWOOD DRIVE, GONERBY HILL FOOT, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8QN | £300,000 | 19/12/2025 | Detached | | 42 LONGCLIFFE ROAD, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8DY | £300,000 | 15/12/2025 | Detached | | 6 PEASCLIFFE DRIVE, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8EN | £285,000 | 05/12/2025 | Detached | | 11 HATCLIFFE CLOSE, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8FE | £247,000 | 18/08/2025 | Detached | | 6 FARNDALE CRESCENT, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8DR | £200,000 | 30/01/2025 | Detached | | 7 BAYSDALE GROVE, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8QZ | £284,000 | 15/12/2023 | Detached | | 24 LANGDALE CRESCENT, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8DF | £255,000 | 14/12/2023 | Detached | | 10 GRIZEDALE CLOSE, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8QY | £465,000 | 29/11/2023 | Detached | | 11 BORROWDALE WAY, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8QX | £335,000 | 17/07/2023 | Detached | | 21 BORROWDALE WAY, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8QX | £295,000 | 09/12/2022 | Detached | | 33 HAZELWOOD DRIVE, GONERBY HILL FOOT, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8GX | £392,500 | 25/11/2022 | Detached | | 19 WENSLEYDALE CLOSE, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8FH | £256,000 | 24/11/2022 | Detached | | 94 LONGCLIFFE ROAD, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8DY | £321,400 | 12/09/2022 | Detached | | 21 WENSLEYDALE CLOSE, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8FH | £210,000 | 19/08/2022 | Detached | | 30 WENSLEYDALE CLOSE, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8FH | £260,000 | 30/06/2022 | Detached | | 9 GRIZEDALE CLOSE, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8QY | £247,000 | 01/06/2022 | Detached | | 97 LONGCLIFFE ROAD, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8EE | £243,000 | 31/05/2022 | Detached | | 27 LONGCLIFFE ROAD, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8DZ | £260,000 | 14/04/2022 | Detached | | 1 LANGDALE CRESCENT, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8DF | £385,000 | 04/03/2022 | Detached | | 18 ABBEYDALE CRESCENT, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8EX | £217,500 | 04/03/2022 | Detached | | [Same street] 22 RAVENDALE CLOSE, GRANTHAM, SOUTH KESTEVEN, LINCOLNSHIRE, NG31 8BS | £270,000 | 11/11/2021 | Detached | **Street average:** £270,000 (1 sale) **Area average:** £287,920 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £318,761 (58 Detached, NG31, 2024–2026) - **Deviation:** -21.6% ## Rental Range *ONS Price Index of Private Rents (South Kesteven). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £753/mo - **Realistic:** £837/mo - **Optimistic:** £921/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Grantham & Newark (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £873/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 4 Bed Terraced House, North Parade, NG31 | £1,000/mo | 4 | 0.81 miles | OpenRent | **Average rent: £1,000/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.4% (weak for cashflow) - **Max investor price (0.8%):** £125,000 - **Target investor price (1%):** £100,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £1,000/mo).* - **Gross yield:** 4.8% - **Cost-to-rent:** 20.8× - **Monthly cashflow:** £-110/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -1.8% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 6.6% - **10y growth:** 38% ## House Price Index (HM Land Registry) *Official index for South Kesteven; Detached series; as of March 2026.* - **1y growth (index):** -0.5% - **5y growth (index):** 12% - **10y growth (index):** 42% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)