7, WARWICK CLOSE, GRANTHAM, NG31 8RG - £347,000

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.

7 WARWICK CLOSE is a midsized detached house of 112m², built sometime between 1976 and 1982, which could now be worth an estimated £335,212. It was last sold for £347,000 in September 2022, which was around 8% below the average September 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

7 WARWICK CLOSE Sold Prices

Land registry data shows two sales for 7 WARWICK 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 7 WARWICK 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
2022 30 SEP	£347,000	£377,482	8% below HPI
1998 21 AUG	£69,950	£83,490	16% below HPI

7 WARWICK 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 7 WARWICK CLOSE sales from August 1998 and September 2022 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 August 1998 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 7 WARWICK CLOSE be worth now?

7 WARWICK CLOSE might now be worth an estimated £335,212.

This is based on house price deflation of 3.4%, between September 2022 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 3.4% deflationary decrease is applied to the most recent sale price for 7 WARWICK CLOSE of £347,000 on 30th September 2022. For the value to have decreased from £347,000 to £335,212 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 7 WARWICK CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The September 2022 sale price of £347,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WARWICK CLOSE has not materially changed since September 2022.

How Large is 7 WARWICK CLOSE?

7 WARWICK CLOSE is 112m² according to the EPC inspection conducted in April 2022. This puts it in the largest 50% 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 7 WARWICK CLOSE lies on this distribution: 51% of detached houses houses are smaller than 7 WARWICK CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Grantham.

7 WARWICK CLOSE: Plot and Title Map

7 WARWICK CLOSE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 7 WARWICK 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 WARWICK 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 WARWICK CLOSE?

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