14, MOORTOWN CLOSE, GRANTHAM, NG31 9GG - £152,000

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

14 MOORTOWN CLOSE is a very small extended detached house of 71m², built sometime between 1996 and 2002. It was last sold for £152,000 in June 2019, which was around 48% below the average June 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

14 MOORTOWN CLOSE Sold Prices

Land registry data shows five sales for 14 MOORTOWN 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. All of the five 14 MOORTOWN 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 28 JUN	£152,000	£292,587	48% below HPI
2019 30 MAY	£156,000	£294,507	47% below HPI
2016 8 JUL	£145,000	£262,350	45% below HPI
2005 30 SEP	£134,000	£213,021	37% below HPI
2000 15 DEC	£69,950	£110,215	37% below HPI

14 MOORTOWN 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 14 MOORTOWN CLOSE sales between December 2000 and June 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 2019 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the June 2019 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 14 MOORTOWN CLOSE be worth now?

14 MOORTOWN CLOSE might now be worth an estimated £191,352.

This is based on house price inflation of 25.9%, between June 2019 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 25.9% inflationary increase is applied to the most recent sale price for 14 MOORTOWN CLOSE of £152,000 on 28th June 2019. For the value to have increased from £152,000 to £191,352 over the four years and six months to December 2024, the following assumptions must hold true:

• The value of 14 MOORTOWN CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The June 2019 sale price of £152,000 represented a fair market value for the property.
• The size, condition, and specification of 14 MOORTOWN CLOSE has not materially changed since June 2019.

How Large is 14 MOORTOWN CLOSE?

14 MOORTOWN CLOSE is 71m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% 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 14 MOORTOWN CLOSE lies on this distribution: 10% of detached houses houses are smaller than 14 MOORTOWN CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Grantham.

14 MOORTOWN CLOSE: Plot and Title Map

14 MOORTOWN CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 14 MOORTOWN 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 MOORTOWN 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 MOORTOWN CLOSE?

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