2, WALTON HEATH CLOSE, GRANTHAM, NG31 9PN - £305,250

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.

2 WALTON HEATH CLOSE is a large extended detached house of 127m², built sometime between 1991 and 1995, which could now be worth an estimated £343,646. It was last sold for £305,250 in February 2021, which was around 6% below the average February 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

2 WALTON HEATH CLOSE Sold Prices

Land registry data shows four sales for 2 WALTON HEATH 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. two of the four 2 WALTON HEATH CLOSE sales were for below the average price, and four were 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
2021 11 FEB	£305,250	£323,915	6% below HPI
2005 28 OCT	£192,000	£214,643	11% below HPI
2000 31 MAR	£96,000	£93,627	3% above HPI
1997 23 JUN	£77,000	£75,942	1% above HPI

2 WALTON HEATH 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 WALTON HEATH CLOSE sales between June 1997 and February 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 October 2005 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the February 2021 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 2 WALTON HEATH CLOSE be worth now?

2 WALTON HEATH CLOSE might now be worth an estimated £343,646.

This is based on house price inflation of 12.6%, between February 2021 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 12.6% inflationary increase is applied to the most recent sale price for 2 WALTON HEATH CLOSE of £305,250 on 11th February 2021. For the value to have increased from £305,250 to £343,646 over the four years to February 2025, the following assumptions must hold true:

• The value of 2 WALTON HEATH CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The February 2021 sale price of £305,250 represented a fair market value for the property.
• The size, condition, and specification of 2 WALTON HEATH CLOSE has not materially changed since February 2021.

How Large is 2 WALTON HEATH CLOSE?

2 WALTON HEATH CLOSE is 127m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 40% 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 WALTON HEATH CLOSE lies on this distribution: 66% of detached houses houses are smaller than 2 WALTON HEATH CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Grantham.

2 WALTON HEATH CLOSE: Plot and Title Map

2 WALTON HEATH CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 2 WALTON HEATH 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 WALTON HEATH 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 WALTON HEATH CLOSE?

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