1, GRIMSTHORPE CLOSE, GRANTHAM, NG31 8SS - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 GRIMSTHORPE CLOSE is a large detached house of 133m², built sometime between 1996 and 2002, which could now be worth an estimated £393,742. It was last sold for £250,000 in November 2014, which was around 7% above the average November 2014 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2010, where the current energy rating was D, and the potential energy rating was C.

1 GRIMSTHORPE CLOSE Sold Prices

Land registry data shows five sales for 1 GRIMSTHORPE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Most of the five 1 GRIMSTHORPE CLOSE sales were for above 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
2014 14 NOV	£250,000	£233,869	7% above HPI
2011 20 MAY	£227,750	£214,282	6% above HPI
2007 31 OCT	£240,000	£243,065	1% below HPI
1999 5 NOV	£120,000	£94,052	28% above HPI
1999 22 MAR	£114,950	£88,174	30% above HPI

1 GRIMSTHORPE 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 five 1 GRIMSTHORPE CLOSE sales between March 1999 and November 2014 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 2011 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the November 2014 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 1 GRIMSTHORPE CLOSE be worth now?

1 GRIMSTHORPE CLOSE might now be worth an estimated £393,742.

This is based on house price inflation of 57.5%, between November 2014 and December 2024, for 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 57.5% inflationary increase is applied to the most recent sale price for 1 GRIMSTHORPE CLOSE of £250,000 on 14th November 2014. For the value to have increased from £250,000 to £393,742 over the nine years and eleven months to December 2024, the following assumptions must hold true:

• The value of 1 GRIMSTHORPE CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The November 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 1 GRIMSTHORPE CLOSE has not materially changed since November 2014.

How Large is 1 GRIMSTHORPE CLOSE?

1 GRIMSTHORPE CLOSE is 133m² according to the EPC inspection conducted in September 2010. This puts it in the largest 30% of detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 1 GRIMSTHORPE CLOSE lies on this distribution: 72% of detached houses houses are smaller than 1 GRIMSTHORPE CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Grantham.

1 GRIMSTHORPE CLOSE: Plot and Title Map

1 GRIMSTHORPE CLOSE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 1 GRIMSTHORPE 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 GRIMSTHORPE 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 GRIMSTHORPE CLOSE?

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