3, BURLEIGH CLOSE, GRANTHAM, NG31 9UF - £230,000

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

3 BURLEIGH CLOSE is a very small detached house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £237,742. It was last sold for £230,000 in January 2024, which was around 35% below the average January 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

3 BURLEIGH CLOSE Sold Prices

Land registry data shows two sales for 3 BURLEIGH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 3 BURLEIGH 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 11 JAN	£230,000	£356,341	35% below HPI
2001 18 JUL	£87,000	£118,413	27% below HPI

3 BURLEIGH 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 two 3 BURLEIGH CLOSE sales from July 2001 and January 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 2001 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2024 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 3 BURLEIGH CLOSE be worth now?

3 BURLEIGH CLOSE might now be worth an estimated £237,742.

This is based on house price inflation of 3.4%, between January 2024 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 3.4% inflationary increase is applied to the most recent sale price for 3 BURLEIGH CLOSE of £230,000 on 11th January 2024. For the value to have increased from £230,000 to £237,742 over the one month to December 2024, the following assumptions must hold true:

• The value of 3 BURLEIGH CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The January 2024 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 3 BURLEIGH CLOSE has not materially changed since January 2024.

How Large is 3 BURLEIGH CLOSE?

3 BURLEIGH CLOSE is 69m² according to the EPC inspection conducted in July 2023. 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 3 BURLEIGH CLOSE lies on this distribution: 9% of detached houses houses are smaller than 3 BURLEIGH CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Grantham.

3 BURLEIGH CLOSE: Plot and Title Map

3 BURLEIGH CLOSE sits on a plot of roughly 0.110 of an acre, or 447m². The below map shows the location of 3 BURLEIGH 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 3 BURLEIGH 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 3 BURLEIGH CLOSE?

3 BURLEIGH CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 3 on BURLEIGH CLOSE.