5, SEACROFT CLOSE, GRANTHAM, NG31 9GL - £190,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 SEACROFT CLOSE is a very small detached house of 75m², built sometime between 2003 and 2006. It was last sold for £190,000 in February 2020, which was around 36% below the average February 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

5 SEACROFT CLOSE Sold Prices

Land registry data shows four sales for 5 SEACROFT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 5 SEACROFT 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
2020 7 FEB	£190,000	£298,901	36% below HPI
2018 17 JUL	£160,000	£300,614	47% below HPI
2006 29 SEP	£143,000	£234,780	39% below HPI
2003 2 JUN	£111,950	£176,883	37% below HPI

5 SEACROFT 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 four 5 SEACROFT CLOSE sales between June 2003 and February 2020 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 2018 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the February 2020 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 5 SEACROFT CLOSE?

5 SEACROFT CLOSE is 75m² according to the EPC inspection conducted in May 2024. This puts it in the smallest 20% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 5 SEACROFT CLOSE lies on this distribution: 13% of detached houses are smaller than 5 SEACROFT CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Grantham.

5 SEACROFT CLOSE: Plot and Title Map

5 SEACROFT CLOSE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 5 SEACROFT 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 5 SEACROFT 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 5 SEACROFT CLOSE?

5 SEACROFT CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 5 on SEACROFT CLOSE.