18, PORTSMOUTH CLOSE, GRANTHAM, NG31 8BP - £165,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 PORTSMOUTH CLOSE is a very small extended detached house of 55m², built sometime between 1976 and 1982. It was last sold for £165,000 in September 2013, which was around 29% below the average September 2013 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

18 PORTSMOUTH CLOSE Sold Prices

Land registry data shows two sales for 18 PORTSMOUTH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 18 PORTSMOUTH 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
2013 20 SEP	£165,000	£233,859	29% below HPI
2010 29 JAN	£152,500	£215,693	29% below HPI

18 PORTSMOUTH 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 two 18 PORTSMOUTH CLOSE sales from January 2010 and September 2013 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 2010 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the September 2013 sale, which was also at 29% below the HPI.

How Large is 18 PORTSMOUTH CLOSE?

18 PORTSMOUTH CLOSE is 55m², which includes one extension, according to the EPC inspection conducted in May 2013. 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 18 PORTSMOUTH CLOSE lies on this distribution: 2% of detached houses are smaller than 18 PORTSMOUTH CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Grantham.

18 PORTSMOUTH CLOSE: Plot and Title Map

18 PORTSMOUTH CLOSE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 18 PORTSMOUTH 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 PORTSMOUTH 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 PORTSMOUTH CLOSE?

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