18, GUILDFORD CLOSE, GRANTHAM, NG31 8SJ - £199,000

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.

18 GUILDFORD CLOSE is a midsized detached house of 109m², built sometime between 1991 and 1995, which could now be worth an estimated £334,570. It was last sold for £199,000 in June 2006, which was around 8% below the average June 2006 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was D.

18 GUILDFORD CLOSE Sold Prices

Land registry data shows three sales for 18 GUILDFORD 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. Two of the three 18 GUILDFORD CLOSE sales were for below the average price, whilst one was for above 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
2006 9 JUN	£199,000	£216,897	8% below HPI
2000 30 MAY	£78,000	£100,640	22% below HPI
1996 28 JUN	£69,995	£68,898	2% above HPI

18 GUILDFORD 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 18 GUILDFORD CLOSE sales between June 1996 and June 2006 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 May 2000 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2006 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 18 GUILDFORD CLOSE be worth now?

18 GUILDFORD CLOSE might now be worth an estimated £334,570.

This is based on house price inflation of 68.1%, between June 2006 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 68.1% inflationary increase is applied to the most recent sale price for 18 GUILDFORD CLOSE of £199,000 on 9th June 2006. For the value to have increased from £199,000 to £334,570 over the nineteen years and four months to February 2025, the following assumptions must hold true:

• The value of 18 GUILDFORD CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The June 2006 sale price of £199,000 represented a fair market value for the property.
• The size, condition, and specification of 18 GUILDFORD CLOSE has not materially changed since June 2006.

How Large is 18 GUILDFORD CLOSE?

18 GUILDFORD CLOSE is 109m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 50% 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 18 GUILDFORD CLOSE lies on this distribution: 47% of detached houses houses are smaller than 18 GUILDFORD CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Grantham.

18 GUILDFORD CLOSE: Plot and Title Map

18 GUILDFORD CLOSE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 18 GUILDFORD 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 18 GUILDFORD 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 18 GUILDFORD CLOSE?

18 GUILDFORD CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 18 on GUILDFORD CLOSE.