14, SEACROFT CLOSE, GRANTHAM, NG31 9GL - £140,000

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

14 SEACROFT CLOSE is a very small extended detached house of 74m², built sometime between 2003 and 2006. It was last sold for £140,000 in May 2014, which was around 38% below the average May 2014 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

14 SEACROFT CLOSE Sold Prices

Land registry data shows three sales for 14 SEACROFT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 14 SEACROFT 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	£140,000	£226,638	38% below HPI
2007 15 OCT	£148,000	£247,133	40% below HPI
2003 6 JUN	£111,950	£176,883	37% below HPI

14 SEACROFT 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 three 14 SEACROFT CLOSE sales between June 2003 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 October 2007 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2014 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 14 SEACROFT CLOSE?

14 SEACROFT CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 14 SEACROFT CLOSE lies on this distribution: 12% of detached houses are smaller than 14 SEACROFT CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Grantham.

14 SEACROFT CLOSE: Plot and Title Map

14 SEACROFT CLOSE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 14 SEACROFT 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 SEACROFT 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 SEACROFT CLOSE?

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