1, SCARBOROUGH CLOSE, GRANTHAM, NG31 8UN - £355,000

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 SCARBOROUGH CLOSE is a large detached house of 127m², which could now be worth an estimated £359,904. It was last sold for £355,000 in June 2022, which was around 2% below the average June 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2016, where the current energy rating was B, and the potential energy rating was A.

1 SCARBOROUGH CLOSE Sold Prices

Land registry data shows two sales for 1 SCARBOROUGH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. One of the two 1 SCARBOROUGH CLOSE sales was for below the average price, whilst the other was 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
2022 24 JUN	£355,000	£361,537	2% below HPI
2016 16 JUN	£259,995	£258,353	1% above HPI

1 SCARBOROUGH 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 two 1 SCARBOROUGH CLOSE sales from June 2016 and June 2022 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 June 2016 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2022 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 1 SCARBOROUGH CLOSE be worth now?

1 SCARBOROUGH CLOSE might now be worth an estimated £359,904.

This is based on house price inflation of 1.4%, between June 2022 and March 2025, 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 1.4% inflationary increase is applied to the most recent sale price for 1 SCARBOROUGH CLOSE of £355,000 on 24th June 2022. For the value to have increased from £355,000 to £359,904 over the three years and three months to March 2025, the following assumptions must hold true:

• The value of 1 SCARBOROUGH CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The June 2022 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SCARBOROUGH CLOSE has not materially changed since June 2022.

How Large is 1 SCARBOROUGH CLOSE?

1 SCARBOROUGH CLOSE is 127m² according to the EPC inspection conducted in May 2016. This puts it in the largest 40% 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 SCARBOROUGH CLOSE lies on this distribution: 66% of detached houses houses are smaller than 1 SCARBOROUGH CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Grantham.

1 SCARBOROUGH CLOSE: Plot and Title Map

1 SCARBOROUGH CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 1 SCARBOROUGH 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 SCARBOROUGH 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 SCARBOROUGH CLOSE?

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