8, TEMPLEWAY CLOSE, CAYTHORPE, GRANTHAM, NG32 3DZ - £243,000

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

8 TEMPLEWAY CLOSE is a very small extended detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £259,871. It was last sold for £243,000 in January 2022, which was around 29% below the average January 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was B.

8 TEMPLEWAY CLOSE Sold Prices

Land registry data shows four sales for 8 TEMPLEWAY 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 8 TEMPLEWAY 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 21 JAN	£243,000	£344,424	29% below HPI
2014 28 FEB	£155,000	£225,885	31% below HPI
2001 30 MAR	£53,000	£112,942	53% below HPI
1999 19 NOV	£51,500	£94,052	45% below HPI

8 TEMPLEWAY 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 8 TEMPLEWAY CLOSE sales between November 1999 and January 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 February 2014 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the January 2022 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 8 TEMPLEWAY CLOSE be worth now?

8 TEMPLEWAY CLOSE might now be worth an estimated £259,871.

This is based on house price inflation of 6.9%, between January 2022 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 6.9% inflationary increase is applied to the most recent sale price for 8 TEMPLEWAY CLOSE of £243,000 on 21st January 2022. For the value to have increased from £243,000 to £259,871 over the one year and one month to December 2024, the following assumptions must hold true:

• The value of 8 TEMPLEWAY CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The January 2022 sale price of £243,000 represented a fair market value for the property.
• The size, condition, and specification of 8 TEMPLEWAY CLOSE has not materially changed since January 2022.

How Large is 8 TEMPLEWAY CLOSE?

8 TEMPLEWAY CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of detached houses houses in Caythorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Caythorpe, and where 8 TEMPLEWAY CLOSE lies on this distribution: 3% of detached houses houses are smaller than 8 TEMPLEWAY CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Caythorpe.

8 TEMPLEWAY CLOSE: Plot and Title Map

8 TEMPLEWAY CLOSE sits on a plot of roughly 0.149 of an acre, or 605m². The below map shows the location of 8 TEMPLEWAY 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 8 TEMPLEWAY 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 8 TEMPLEWAY CLOSE?

8 TEMPLEWAY CLOSE is located in CAYTHORPE, in the NG32 postcode district. The below map shows the position of No. 8 on TEMPLEWAY CLOSE.