16, GUILDFORD CLOSE, GRANTHAM, NG31 8SJ - £283,500

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

16 GUILDFORD CLOSE is a midsized extended detached house of 119m², built sometime between 1996 and 2002. It was last sold for £283,500 in March 2021, which was around 14% below the average March 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was C.

16 GUILDFORD CLOSE Sold Prices

Land registry data shows two sales for 16 GUILDFORD 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 GUILDFORD 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
2021 12 MAR	£283,500	£329,215	14% below HPI
1996 28 JUN	£89,995	£70,051	28% above HPI

16 GUILDFORD 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 GUILDFORD CLOSE sales from June 1996 and March 2021 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 1996 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the March 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 16 GUILDFORD CLOSE?

16 GUILDFORD CLOSE is 119m², which includes two extensions, according to the EPC inspection conducted in November 2020. This puts it in the largest 50% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 16 GUILDFORD CLOSE lies on this distribution: 59% of detached houses are smaller than 16 GUILDFORD CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Grantham.

16 GUILDFORD CLOSE: Plot and Title Map

16 GUILDFORD CLOSE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 16 GUILDFORD 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 GUILDFORD 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 GUILDFORD CLOSE?

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