1, BLACKBURN CLOSE, GRANTHAM, NG31 8RY - £185,000

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.

1 BLACKBURN CLOSE is a very small semi-detached house of 58m², built sometime between 1983 and 1990, which could now be worth an estimated £191,186. It was last sold for £185,000 in April 2023, which was around 19% below the average April 2023 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

1 BLACKBURN CLOSE Sold Prices

Land registry data shows four sales for 1 BLACKBURN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 1 BLACKBURN 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
2023 26 APR	£185,000	£228,613	19% below HPI
2017 8 DEC	£143,000	£179,138	20% below HPI
1999 10 DEC	£45,500	£56,097	19% below HPI
1997 11 APR	£39,000	£45,135	14% below HPI

1 BLACKBURN 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 four 1 BLACKBURN CLOSE sales between April 1997 and April 2023 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 December 2017 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 1 BLACKBURN CLOSE be worth now?

1 BLACKBURN CLOSE might now be worth an estimated £191,186.

This is based on house price inflation of 3.3%, between April 2023 and February 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 3.3% inflationary increase is applied to the most recent sale price for 1 BLACKBURN CLOSE of £185,000 on 26th April 2023. For the value to have increased from £185,000 to £191,186 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of 1 BLACKBURN CLOSE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The April 2023 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BLACKBURN CLOSE has not materially changed since April 2023.

How Large is 1 BLACKBURN CLOSE?

1 BLACKBURN CLOSE is 58m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of semi-detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grantham, and where 1 BLACKBURN CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 1 BLACKBURN CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Grantham.

1 BLACKBURN CLOSE: Plot and Title Map

1 BLACKBURN CLOSE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 1 BLACKBURN 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 1 BLACKBURN 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 1 BLACKBURN CLOSE?

1 BLACKBURN CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 1 on BLACKBURN CLOSE.