2, DUNSTER CLOSE, GRANTHAM, NG31 8UB - £305,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 DUNSTER CLOSE is a midsized detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £364,500. It was last sold for £305,000 in May 2020, which was around 1% below the average May 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

2 DUNSTER CLOSE Sold Prices

Land registry data shows four sales for 2 DUNSTER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 2 DUNSTER 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
2020 12 MAY	£305,000	£308,210	1% below HPI
2015 23 JUL	£185,000	£246,612	25% below HPI
2007 21 MAR	£220,000	£229,832	4% below HPI
2003 30 MAY	£167,995	£169,046	1% below HPI

2 DUNSTER 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 four 2 DUNSTER CLOSE sales between May 2003 and May 2020 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 July 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2020 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 2 DUNSTER CLOSE be worth now?

2 DUNSTER CLOSE might now be worth an estimated £364,500.

This is based on house price inflation of 19.5%, between May 2020 and December 2024, 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 19.5% inflationary increase is applied to the most recent sale price for 2 DUNSTER CLOSE of £305,000 on 12th May 2020. For the value to have increased from £305,000 to £364,500 over the three years and five months to December 2024, the following assumptions must hold true:

• The value of 2 DUNSTER CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The May 2020 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 2 DUNSTER CLOSE has not materially changed since May 2020.

How Large is 2 DUNSTER CLOSE?

2 DUNSTER CLOSE is 116m² according to the EPC inspection conducted in December 2014. This puts it in the largest 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 2 DUNSTER CLOSE lies on this distribution: 56% of detached houses houses are smaller than 2 DUNSTER CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Grantham.

2 DUNSTER CLOSE: Plot and Title Map

2 DUNSTER CLOSE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 2 DUNSTER 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 2 DUNSTER 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 2 DUNSTER CLOSE?

2 DUNSTER CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 2 on DUNSTER CLOSE.