14, CROMER CLOSE, GRANTHAM, NG31 9FE - £130,000

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.

14 CROMER CLOSE is a very small extended semi-detached house of 73m², built sometime between 2003 and 2006, which could now be worth an estimated £216,123. It was last sold for £130,000 in May 2014, which was around 9% below the average May 2014 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

14 CROMER CLOSE Sold Prices

Land registry data shows two sales for 14 CROMER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 14 CROMER 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
2014 16 MAY	£130,000	£142,111	9% below HPI
2005 28 APR	£124,000	£132,372	6% below HPI

14 CROMER 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 two 14 CROMER CLOSE sales from April 2005 and May 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 April 2005 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the May 2014 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 14 CROMER CLOSE be worth now?

14 CROMER CLOSE might now be worth an estimated £216,123.

This is based on house price inflation of 66.2%, between May 2014 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 66.2% inflationary increase is applied to the most recent sale price for 14 CROMER CLOSE of £130,000 on 16th May 2014. For the value to have increased from £130,000 to £216,123 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 14 CROMER CLOSE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The May 2014 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 14 CROMER CLOSE has not materially changed since May 2014.

How Large is 14 CROMER CLOSE?

14 CROMER CLOSE is 73m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% 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 14 CROMER CLOSE lies on this distribution: 12% of semi-detached houses houses are smaller than 14 CROMER CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Grantham.

14 CROMER CLOSE: Plot and Title Map

14 CROMER CLOSE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 14 CROMER 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 14 CROMER 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 14 CROMER CLOSE?

14 CROMER CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 14 on CROMER CLOSE.