9, EXETER CLOSE, GRANTHAM, NG31 8NZ - £282,500

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.

9 EXETER CLOSE is a very large detached house of 148m², built sometime between 1983 and 1990, which could now be worth an estimated £451,911. It was last sold for £282,500 in August 2014, which was around 24% above the average August 2014 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.

9 EXETER CLOSE Sold Prices

Land registry data shows two sales for 9 EXETER 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 9 EXETER CLOSE sales were for above 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
2014 27 AUG	£282,500	£227,957	24% above HPI
1998 25 NOV	£99,950	£85,694	17% above HPI

9 EXETER 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 9 EXETER CLOSE sales from November 1998 and August 2014 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 November 1998 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the August 2014 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 9 EXETER CLOSE be worth now?

9 EXETER CLOSE might now be worth an estimated £451,911.

This is based on house price inflation of 60%, between August 2014 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 60% inflationary increase is applied to the most recent sale price for 9 EXETER CLOSE of £282,500 on 27th August 2014. For the value to have increased from £282,500 to £451,911 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 9 EXETER CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The August 2014 sale price of £282,500 represented a fair market value for the property.
• The size, condition, and specification of 9 EXETER CLOSE has not materially changed since August 2014.

How Large is 9 EXETER CLOSE?

9 EXETER CLOSE is 148m² according to the EPC inspection conducted in October 2009. This puts it in the largest 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 9 EXETER CLOSE lies on this distribution: 81% of detached houses houses are smaller than 9 EXETER CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Grantham.

9 EXETER CLOSE: Plot and Title Map

9 EXETER CLOSE sits on a plot of roughly 0.177 of an acre, or 716m². The below map shows the location of 9 EXETER 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 9 EXETER 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 9 EXETER CLOSE?

9 EXETER CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 9 on EXETER CLOSE.