16, BIRMINGHAM CLOSE, GRANTHAM, NG31 8SD - £276,500

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

16 BIRMINGHAM CLOSE is a large extended detached house of 130m², built sometime between 1991 and 1995, which could now be worth an estimated £358,702. It was last sold for £276,500 in December 2017, which was around 3% below the average December 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2017, where the current energy rating was D, and the potential energy rating was C.

16 BIRMINGHAM CLOSE Sold Prices

Land registry data shows two sales for 16 BIRMINGHAM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. One of the two 16 BIRMINGHAM CLOSE sales was for below the average price, whilst the other was for above 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
2017 8 DEC	£276,500	£283,926	3% below HPI
1997 20 JUN	£89,000	£75,942	17% above HPI

16 BIRMINGHAM 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 two 16 BIRMINGHAM CLOSE sales from June 1997 and December 2017 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 June 1997 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the December 2017 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 16 BIRMINGHAM CLOSE be worth now?

16 BIRMINGHAM CLOSE might now be worth an estimated £358,702.

This is based on house price inflation of 29.7%, between December 2017 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 29.7% inflationary increase is applied to the most recent sale price for 16 BIRMINGHAM CLOSE of £276,500 on 8th December 2017. For the value to have increased from £276,500 to £358,702 over the seven years to December 2024, the following assumptions must hold true:

• The value of 16 BIRMINGHAM CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The December 2017 sale price of £276,500 represented a fair market value for the property.
• The size, condition, and specification of 16 BIRMINGHAM CLOSE has not materially changed since December 2017.

How Large is 16 BIRMINGHAM CLOSE?

16 BIRMINGHAM CLOSE is 130m², which includes two extensions, according to the EPC inspection conducted in November 2017. This puts it in the largest 40% 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 16 BIRMINGHAM CLOSE lies on this distribution: 69% of detached houses houses are smaller than 16 BIRMINGHAM CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Grantham.

16 BIRMINGHAM CLOSE: Plot and Title Map

16 BIRMINGHAM CLOSE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 16 BIRMINGHAM 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 16 BIRMINGHAM 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 16 BIRMINGHAM CLOSE?

16 BIRMINGHAM CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 16 on BIRMINGHAM CLOSE.