16, MOORTOWN CLOSE, GRANTHAM, NG31 9GG - £180,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

16 MOORTOWN CLOSE is a very small detached house of 70m², built sometime between 1996 and 2002. It was last sold for £180,000 in March 2021, which was around 45% below the average March 2021 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 five sales for 16 MOORTOWN CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the five 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
2021 5 MAR	£180,000	£329,215	45% below HPI
2018 12 JAN	£160,000	£290,634	45% below HPI
2007 23 FEB	£145,000	£228,746	37% below HPI
2003 22 JAN	£102,000	£169,853	40% below HPI
2000 31 AUG	£69,000	£107,259	36% 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 five 16 MOORTOWN CLOSE sales between August 2000 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 January 2018 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the March 2021 sale, which was also at 45% below the HPI.

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 in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 16 MOORTOWN CLOSE lies on this distribution: 10% of detached 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 0.047 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.