17, LINCOLN CLOSE, GRANTHAM, NG31 8RQ - £255,000

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.

17 LINCOLN CLOSE is a very small detached house of 72m², built sometime between 1991 and 1995, which could now be worth an estimated £271,979. It was last sold for £255,000 in December 2021, which was around 26% below the average December 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

17 LINCOLN CLOSE Sold Prices

Land registry data shows three sales for 17 LINCOLN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 17 LINCOLN 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 17 DEC	£255,000	£343,649	26% below HPI
1998 30 JAN	£55,000	£82,404	33% below HPI
1997 27 JUN	£58,300	£75,942	23% below HPI

17 LINCOLN 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 three 17 LINCOLN CLOSE sales between June 1997 and December 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 1998 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2021 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 17 LINCOLN CLOSE be worth now?

17 LINCOLN CLOSE might now be worth an estimated £271,979.

This is based on house price inflation of 6.7%, between December 2021 and March 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 6.7% inflationary increase is applied to the most recent sale price for 17 LINCOLN CLOSE of £255,000 on 17th December 2021. For the value to have increased from £255,000 to £271,979 over the four years and nine months to March 2025, the following assumptions must hold true:

• The value of 17 LINCOLN CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The December 2021 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 17 LINCOLN CLOSE has not materially changed since December 2021.

How Large is 17 LINCOLN CLOSE?

17 LINCOLN CLOSE is 72m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 20% 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 17 LINCOLN CLOSE lies on this distribution: 11% of detached houses houses are smaller than 17 LINCOLN CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Grantham.

17 LINCOLN CLOSE: Plot and Title Map

17 LINCOLN CLOSE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 17 LINCOLN 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 17 LINCOLN 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 17 LINCOLN CLOSE?

17 LINCOLN CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 17 on LINCOLN CLOSE.