16, TOM CHILDS CLOSE, GRANTHAM, NG31 9FR - £295,000

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

16 TOM CHILDS CLOSE is a large extended detached house of 135m², built sometime between 2007 and 2011. It was last sold for £295,000 in March 2023, which was around 21% below the average March 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

16 TOM CHILDS CLOSE Sold Prices

Land registry data shows seven sales for 16 TOM CHILDS CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the seven 16 TOM CHILDS 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
2023 31 MAR	£295,000	£371,722	21% below HPI
2022 5 OCT	£256,000	£386,120	34% below HPI
2020 29 JAN	£220,000	£301,268	27% below HPI
2017 28 FEB	£200,000	£273,684	27% below HPI
2015 21 AUG	£193,950	£251,797	23% below HPI
2012 16 NOV	£181,500	£218,378	17% below HPI
2009 24 APR	£168,000	£204,433	18% below HPI

16 TOM CHILDS 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 seven 16 TOM CHILDS CLOSE sales between April 2009 and March 2023 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 October 2022 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the March 2023 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 16 TOM CHILDS CLOSE?

16 TOM CHILDS CLOSE is 135m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 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 16 TOM CHILDS CLOSE lies on this distribution: 72% of detached houses are smaller than 16 TOM CHILDS CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Grantham.

16 TOM CHILDS CLOSE: Plot and Title Map

16 TOM CHILDS CLOSE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 16 TOM CHILDS 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 TOM CHILDS 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 TOM CHILDS CLOSE?

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