15, BAMBURGH CLOSE, GRANTHAM, NG31 8UL - £217,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

15 BAMBURGH CLOSE is a very small semi-detached house of 70m². It was last sold for £217,000 in August 2023, which was around 43% below the average August 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2015, where the current energy rating was B, and the potential energy rating was A.

15 BAMBURGH CLOSE Sold Prices

Land registry data shows three sales for 15 BAMBURGH 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 15 BAMBURGH 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
2023 4 AUG	£217,000	£377,476	43% below HPI
2020 28 FEB	£165,000	£298,901	45% below HPI
2014 12 DEC	£139,995	£233,647	40% below HPI

15 BAMBURGH 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 15 BAMBURGH CLOSE sales between December 2014 and August 2023 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 February 2020 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the August 2023 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 15 BAMBURGH CLOSE?

15 BAMBURGH CLOSE is 70m² according to the EPC inspection conducted in January 2015. 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 15 BAMBURGH CLOSE lies on this distribution: 10% of detached houses are smaller than 15 BAMBURGH CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Grantham.

15 BAMBURGH CLOSE: Plot and Title Map

15 BAMBURGH CLOSE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 15 BAMBURGH 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 15 BAMBURGH 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 15 BAMBURGH CLOSE?

15 BAMBURGH CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 15 on BAMBURGH CLOSE.