2, GRIZEDALE CLOSE, GRANTHAM, NG31 8QY - £280,000

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 GRIZEDALE CLOSE is a midsized detached house of 106m², built sometime between 1991 and 1995, which could now be worth an estimated £345,775. It was last sold for £280,000 in March 2019, which was around 5% below the average March 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

2 GRIZEDALE CLOSE Sold Prices

Land registry data shows four sales for 2 GRIZEDALE 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 GRIZEDALE 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
2019 27 MAR	£280,000	£295,292	5% below HPI
2006 18 AUG	£186,000	£226,796	18% below HPI
2000 22 DEC	£97,000	£110,215	12% below HPI
1997 26 NOV	£77,500	£81,527	5% below HPI

2 GRIZEDALE 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 GRIZEDALE CLOSE sales between November 1997 and March 2019 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 August 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2019 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 2 GRIZEDALE CLOSE be worth now?

2 GRIZEDALE CLOSE might now be worth an estimated £345,775.

This is based on house price inflation of 23.5%, between March 2019 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 23.5% inflationary increase is applied to the most recent sale price for 2 GRIZEDALE CLOSE of £280,000 on 27th March 2019. For the value to have increased from £280,000 to £345,775 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 2 GRIZEDALE CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The March 2019 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GRIZEDALE CLOSE has not materially changed since March 2019.

How Large is 2 GRIZEDALE CLOSE?

2 GRIZEDALE CLOSE is 106m² according to the EPC inspection conducted in January 2019. 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 2 GRIZEDALE CLOSE lies on this distribution: 43% of detached houses houses are smaller than 2 GRIZEDALE CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Grantham.

2 GRIZEDALE CLOSE: Plot and Title Map

2 GRIZEDALE CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 2 GRIZEDALE 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 GRIZEDALE 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 GRIZEDALE CLOSE?

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