11, PETERBOROUGH CLOSE, GRANTHAM, NG31 8SH - £188,000

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

11 PETERBOROUGH CLOSE is a midsized extended detached house of 110m², built sometime between 1991 and 1995. It was last sold for £188,000 in May 2010, which was around 10% below the average May 2010 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was B.

11 PETERBOROUGH CLOSE Sold Prices

Land registry data shows four sales for 11 PETERBOROUGH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Most of the four 11 PETERBOROUGH 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
2010 28 MAY	£188,000	£209,336	10% below HPI
2008 30 MAY	£190,000	£238,311	20% below HPI
2008 11 APR	£201,275	£236,519	15% below HPI
1995 21 APR	£79,995	£68,048	18% above HPI

11 PETERBOROUGH 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 four 11 PETERBOROUGH CLOSE sales between April 1995 and May 2010 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 2008 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2010 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 11 PETERBOROUGH CLOSE be worth now?

11 PETERBOROUGH CLOSE might now be worth an estimated £330,794.

This is based on house price inflation of 76%, between May 2010 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 76% inflationary increase is applied to the most recent sale price for 11 PETERBOROUGH CLOSE of £188,000 on 28th May 2010. For the value to have increased from £188,000 to £330,794 over the thirteen years and five months to December 2024, the following assumptions must hold true:

• The value of 11 PETERBOROUGH CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The May 2010 sale price of £188,000 represented a fair market value for the property.
• The size, condition, and specification of 11 PETERBOROUGH CLOSE has not materially changed since May 2010.

How Large is 11 PETERBOROUGH CLOSE?

11 PETERBOROUGH CLOSE is 110m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 50% 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 11 PETERBOROUGH CLOSE lies on this distribution: 48% of detached houses houses are smaller than 11 PETERBOROUGH CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Grantham.

11 PETERBOROUGH CLOSE: Plot and Title Map

11 PETERBOROUGH CLOSE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 11 PETERBOROUGH 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 11 PETERBOROUGH 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 11 PETERBOROUGH CLOSE?

11 PETERBOROUGH CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 11 on PETERBOROUGH CLOSE.