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

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 TOM CHILDS CLOSE is a large extended detached house of 135m², built sometime between 2007 and 2011, which could now be worth an estimated £294,238. It was last sold for £295,000 in March 2023, which was around 19% 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	£365,603	19% below HPI
2022 5 OCT	£256,000	£379,763	33% below HPI
2020 29 JAN	£220,000	£296,308	26% below HPI
2017 28 FEB	£200,000	£269,179	26% below HPI
2015 21 AUG	£193,950	£247,652	22% below HPI
2012 16 NOV	£181,500	£214,783	15% below HPI
2009 24 APR	£168,000	£201,068	16% 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 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 16 TOM CHILDS CLOSE be worth now?

16 TOM CHILDS CLOSE might now be worth an estimated £294,238.

This is based on house price deflation of 0.3%, between March 2023 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 0.3% deflationary decrease is applied to the most recent sale price for 16 TOM CHILDS CLOSE of £295,000 on 31st March 2023. For the value to have decreased from £295,000 to £294,238 over the two years and one month to February 2025, the following assumptions must hold true:

• The value of 16 TOM CHILDS CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The March 2023 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 16 TOM CHILDS CLOSE has not materially changed since March 2023.

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 houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 16 TOM CHILDS CLOSE lies on this distribution: 72% of detached houses 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.