3, DURHAM CLOSE, GRANTHAM, NG31 8RH - £126,950

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.

3 DURHAM CLOSE is a very small extended semi-detached house of 58m², built sometime between 1967 and 1975, which could now be worth an estimated £223,648. It was last sold for £126,950 in April 2012, which was around 5% below the average April 2012 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2011, where the current energy rating was D, and the potential energy rating was D.

3 DURHAM CLOSE Sold Prices

Land registry data shows three sales for 3 DURHAM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 3 DURHAM 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
2012 27 APR	£126,950	£134,107	5% below HPI
2001 27 JUL	£59,000	£70,532	16% below HPI
1998 27 JUL	£24,000	£49,784	52% below HPI

3 DURHAM 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 three 3 DURHAM CLOSE sales between July 1998 and April 2012 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 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2012 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 3 DURHAM CLOSE be worth now?

3 DURHAM CLOSE might now be worth an estimated £223,648.

This is based on house price inflation of 76.2%, between April 2012 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 76.2% inflationary increase is applied to the most recent sale price for 3 DURHAM CLOSE of £126,950 on 27th April 2012. For the value to have increased from £126,950 to £223,648 over the thirteen years and two months to February 2025, the following assumptions must hold true:

• The value of 3 DURHAM CLOSE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The April 2012 sale price of £126,950 represented a fair market value for the property.
• The size, condition, and specification of 3 DURHAM CLOSE has not materially changed since April 2012.

How Large is 3 DURHAM CLOSE?

3 DURHAM CLOSE is 58m², which includes one extension, according to the EPC inspection conducted in December 2011. This puts it in the smallest 10% of semi-detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grantham, and where 3 DURHAM CLOSE lies on this distribution: 3% of semi-detached houses houses are smaller than 3 DURHAM CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Grantham.

3 DURHAM CLOSE: Plot and Title Map

3 DURHAM CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 3 DURHAM 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 DURHAM 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 DURHAM CLOSE?

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