15, LINCOLN CLOSE, GRANTHAM, NG31 8RQ - £222,000

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

15 LINCOLN CLOSE is a small extended detached house of 87m², built sometime between 1983 and 1990. It was last sold for £222,000 in December 2020, which was around 30% below the average December 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

15 LINCOLN CLOSE Sold Prices

Land registry data shows three sales for 15 LINCOLN 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 LINCOLN 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
2020 18 DEC	£222,000	£318,969	30% below HPI
2014 4 DEC	£155,000	£233,647	34% below HPI
2005 20 APR	£158,000	£207,783	24% below HPI

15 LINCOLN 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 LINCOLN CLOSE sales between April 2005 and December 2020 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 December 2014 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the December 2020 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 15 LINCOLN CLOSE?

15 LINCOLN CLOSE is 87m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the smallest 30% 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 LINCOLN CLOSE lies on this distribution: 24% of detached houses are smaller than 15 LINCOLN CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Grantham.

15 LINCOLN CLOSE: Plot and Title Map

15 LINCOLN CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 15 LINCOLN 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 LINCOLN 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 LINCOLN CLOSE?

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