42, COTTESMORE CLOSE, GRANTHAM, NG31 9JL - £278,000

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

42 COTTESMORE CLOSE is a very large extended detached house of 172m², built sometime between 1991 and 1995, which could now be worth an estimated £445,189. It was last sold for £278,000 in September 2013, which was around 21% above the average September 2013 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

42 COTTESMORE CLOSE Sold Prices

Land registry data shows two sales for 42 COTTESMORE 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 42 COTTESMORE CLOSE sales 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
2013 25 SEP	£278,000	£230,009	21% above HPI
2009 2 OCT	£230,000	£207,240	11% above HPI

42 COTTESMORE 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 42 COTTESMORE CLOSE sales from October 2009 and September 2013 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 2009 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the September 2013 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 42 COTTESMORE CLOSE be worth now?

42 COTTESMORE CLOSE might now be worth an estimated £445,189.

This is based on house price inflation of 60.1%, between September 2013 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 60.1% inflationary increase is applied to the most recent sale price for 42 COTTESMORE CLOSE of £278,000 on 25th September 2013. For the value to have increased from £278,000 to £445,189 over the ten years and nine months to December 2024, the following assumptions must hold true:

• The value of 42 COTTESMORE CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The September 2013 sale price of £278,000 represented a fair market value for the property.
• The size, condition, and specification of 42 COTTESMORE CLOSE has not materially changed since September 2013.

How Large is 42 COTTESMORE CLOSE?

42 COTTESMORE CLOSE is 172m², which includes four extensions, according to the EPC inspection conducted in February 2013. This puts it in the largest 20% 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 42 COTTESMORE CLOSE lies on this distribution: 90% of detached houses houses are smaller than 42 COTTESMORE CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Grantham.

42 COTTESMORE CLOSE: Plot and Title Map

42 COTTESMORE CLOSE sits on a plot of roughly 0.180 of an acre, or 730m². The below map shows the location of 42 COTTESMORE 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 42 COTTESMORE 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 42 COTTESMORE CLOSE?

42 COTTESMORE CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 42 on COTTESMORE CLOSE.