7, SEACROFT CLOSE, GRANTHAM, NG31 9GL - £120,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 SEACROFT CLOSE is a very small extended detached house of 72m², built sometime between 1996 and 2002. It was last sold for £120,000 in April 2013, which was around 44% below the average April 2013 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was B.

7 SEACROFT CLOSE Sold Prices

Land registry data shows three sales for 7 SEACROFT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 7 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
2013 30 APR	£120,000	£215,651	44% below HPI
2007 19 JUN	£147,500	£236,995	38% below HPI
2003 30 JUL	£111,950	£179,990	38% below HPI

7 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 three 7 SEACROFT CLOSE sales between July 2003 and April 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 June 2007 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the April 2013 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 7 SEACROFT CLOSE?

7 SEACROFT CLOSE is 72m², which includes one extension, according to the EPC inspection conducted in February 2023. 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 7 SEACROFT CLOSE lies on this distribution: 11% of detached houses are smaller than 7 SEACROFT CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Grantham.

7 SEACROFT CLOSE: Plot and Title Map

7 SEACROFT CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 7 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 7 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 7 SEACROFT CLOSE?

7 SEACROFT CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 7 on SEACROFT CLOSE.