21, GREAT CLOSE, SOUTH WITHAM, GRANTHAM, NG33 5QH - £180,000

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

21 GREAT CLOSE is a midsized semi-detached house of 93m², built sometime between 1950 and 1966, which could now be worth an estimated £184,092. It was last sold for £180,000 in April 2024, which was around 22% below the average April 2024 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

21 GREAT CLOSE Sold Prices

Land registry data shows four sales for 21 GREAT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 21 GREAT 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
2024 10 APR	£180,000	£231,005	22% below HPI
2013 2 JUL	£112,950	£139,207	19% below HPI
2007 20 AUG	£131,000	£153,456	15% below HPI
2005 13 MAY	£122,000	£132,616	8% below HPI

21 GREAT CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four 21 GREAT CLOSE sales between May 2005 and April 2024 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 2013 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2024 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 21 GREAT CLOSE be worth now?

21 GREAT CLOSE might now be worth an estimated £184,092.

This is based on house price inflation of 2.3%, between April 2024 and February 2025, for semi-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 2.3% inflationary increase is applied to the most recent sale price for 21 GREAT CLOSE of £180,000 on 10th April 2024. For the value to have increased from £180,000 to £184,092 over the one year and two months to February 2025, the following assumptions must hold true:

• The value of 21 GREAT CLOSE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The April 2024 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 21 GREAT CLOSE has not materially changed since April 2024.

How Large is 21 GREAT CLOSE?

21 GREAT CLOSE is 93m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 50% of semi-detached houses houses in South Witham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in South Witham, and where 21 GREAT CLOSE lies on this distribution: 45% of semi-detached houses houses are smaller than 21 GREAT CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in South Witham.

21 GREAT CLOSE: Plot and Title Map

21 GREAT CLOSE sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 21 GREAT 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 21 GREAT 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 21 GREAT CLOSE?

21 GREAT CLOSE is located in SOUTH WITHAM, in the NG33 postcode district. The below map shows the position of No. 21 on GREAT CLOSE.