12, PORTSMOUTH CLOSE, GRANTHAM, NG31 8BP - £240,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 PORTSMOUTH CLOSE is a very small extended detached house of 66m², built sometime between 1983 and 1990. It was last sold for £240,000 in July 2019, which was around 20% below the average July 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was B.

12 PORTSMOUTH CLOSE Sold Prices

Land registry data shows two sales for 12 PORTSMOUTH 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. Both of the two 12 PORTSMOUTH 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
2019 17 JUL	£240,000	£300,787	20% below HPI
2017 26 MAY	£182,500	£276,172	34% below HPI

12 PORTSMOUTH 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 12 PORTSMOUTH CLOSE sales from May 2017 and July 2019 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 2017 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2019 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 12 PORTSMOUTH CLOSE?

12 PORTSMOUTH CLOSE is 66m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 12 PORTSMOUTH CLOSE lies on this distribution: 7% of detached houses are smaller than 12 PORTSMOUTH CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Grantham.

12 PORTSMOUTH CLOSE: Plot and Title Map

12 PORTSMOUTH CLOSE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 12 PORTSMOUTH 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 12 PORTSMOUTH 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 12 PORTSMOUTH CLOSE?

12 PORTSMOUTH CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 12 on PORTSMOUTH CLOSE.