16, MOORTOWN CLOSE, GRANTHAM, NG31 9GG - £215,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 MOORTOWN CLOSE is a very small detached house of 70m², built sometime between 1996 and 2002, which could now be worth an estimated £216,670. It was last sold for £215,000 in October 2024, which was around 41% below the average October 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

16 MOORTOWN CLOSE Sold Prices

Land registry data shows six sales for 16 MOORTOWN CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the six 16 MOORTOWN 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
2024 21 OCT	£215,000	£361,848	41% below HPI
2021 5 MAR	£180,000	£323,795	44% below HPI
2018 12 JAN	£160,000	£285,849	44% below HPI
2007 23 FEB	£145,000	£224,980	36% below HPI
2003 22 JAN	£102,000	£167,057	39% below HPI
2000 31 AUG	£69,000	£105,493	35% below HPI

16 MOORTOWN 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 six 16 MOORTOWN CLOSE sales between August 2000 and October 2024 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 March 2021 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the October 2024 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 16 MOORTOWN CLOSE be worth now?

16 MOORTOWN CLOSE might now be worth an estimated £216,670.

This is based on house price inflation of 0.8%, between October 2024 and February 2025, 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 0.8% inflationary increase is applied to the most recent sale price for 16 MOORTOWN CLOSE of £215,000 on 21st October 2024. For the value to have increased from £215,000 to £216,670 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 16 MOORTOWN CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The October 2024 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MOORTOWN CLOSE has not materially changed since October 2024.

How Large is 16 MOORTOWN CLOSE?

16 MOORTOWN CLOSE is 70m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 10% 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 MOORTOWN CLOSE lies on this distribution: 10% of detached houses houses are smaller than 16 MOORTOWN CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Grantham.

16 MOORTOWN CLOSE: Plot and Title Map

16 MOORTOWN CLOSE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 16 MOORTOWN 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 MOORTOWN 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 MOORTOWN CLOSE?

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