20, BELL CLOSE, GONERBY HILL FOOT, GRANTHAM, NG31 8GJ - £153,950

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.

20 BELL CLOSE is a very small detached house of 68m², built sometime between 1991 and 1995, which could now be worth an estimated £220,181. It was last sold for £153,950 in May 2016, which was around 40% below the average May 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was C.

20 BELL CLOSE Sold Prices

Land registry data shows three sales for 20 BELL 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. All of the three 20 BELL 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
2016 6 MAY	£153,950	£256,278	40% below HPI
2006 1 DEC	£148,000	£224,065	34% below HPI
2003 22 MAY	£112,000	£169,046	34% below HPI

20 BELL 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 20 BELL CLOSE sales between May 2003 and May 2016 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 December 2006 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the May 2016 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 20 BELL CLOSE be worth now?

20 BELL CLOSE might now be worth an estimated £220,181.

This is based on house price inflation of 43%, between May 2016 and March 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 43% inflationary increase is applied to the most recent sale price for 20 BELL CLOSE of £153,950 on 6th May 2016. For the value to have increased from £153,950 to £220,181 over the nine years and two months to March 2025, the following assumptions must hold true:

• The value of 20 BELL CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The May 2016 sale price of £153,950 represented a fair market value for the property.
• The size, condition, and specification of 20 BELL CLOSE has not materially changed since May 2016.

How Large is 20 BELL CLOSE?

20 BELL CLOSE is 68m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% 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 20 BELL CLOSE lies on this distribution: 8% of detached houses houses are smaller than 20 BELL CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Grantham.

20 BELL CLOSE: Plot and Title Map

20 BELL CLOSE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 20 BELL 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 20 BELL 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 20 BELL CLOSE?

20 BELL CLOSE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 20 on BELL CLOSE.