5, SEACROFT CLOSE, GRANTHAM, NG31 9GL - £235,000

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.

5 SEACROFT CLOSE is a very small detached house of 75m², built sometime between 2003 and 2006, which could now be worth an estimated £238,577. It was last sold for £235,000 in August 2024, which was around 35% below the average August 2024 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 five sales for 5 SEACROFT CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the five 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
2024 28 AUG	£235,000	£359,191	35% below HPI
2020 7 FEB	£190,000	£293,980	35% below HPI
2018 17 JUL	£160,000	£295,665	46% below HPI
2006 29 SEP	£143,000	£230,915	38% below HPI
2003 2 JUN	£111,950	£173,971	36% 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 five 5 SEACROFT CLOSE sales between June 2003 and August 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 February 2020 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2024 sale, which was also at 35% below the HPI.

What might 5 SEACROFT CLOSE be worth now?

5 SEACROFT CLOSE might now be worth an estimated £238,577.

This is based on house price inflation of 1.5%, between August 2024 and February 2025, 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 1.5% inflationary increase is applied to the most recent sale price for 5 SEACROFT CLOSE of £235,000 on 28th August 2024. For the value to have increased from £235,000 to £238,577 over the one year and six months to February 2025, the following assumptions must hold true:

• The value of 5 SEACROFT CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The August 2024 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SEACROFT CLOSE has not materially changed since August 2024.

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 houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 5 SEACROFT CLOSE lies on this distribution: 13% of detached houses 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.