9, GRIZEDALE CLOSE, GRANTHAM, NG31 8QY - £247,000

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

9 GRIZEDALE CLOSE is a small extended detached house of 88m², built sometime between 1996 and 2002, which could now be worth an estimated £249,133. It was last sold for £247,000 in June 2022, which was around 32% below the average June 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

9 GRIZEDALE CLOSE Sold Prices

Land registry data shows three sales for 9 GRIZEDALE 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 9 GRIZEDALE 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 1 JUN	£247,000	£361,537	32% below HPI
2000 31 MAR	£78,950	£93,627	16% below HPI
1997 30 MAY	£67,950	£75,418	10% below HPI

9 GRIZEDALE 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 9 GRIZEDALE CLOSE sales between May 1997 and June 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 March 2000 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 9 GRIZEDALE CLOSE be worth now?

9 GRIZEDALE CLOSE might now be worth an estimated £249,133.

This is based on house price inflation of 0.9%, between June 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 0.9% inflationary increase is applied to the most recent sale price for 9 GRIZEDALE CLOSE of £247,000 on 1st June 2022. For the value to have increased from £247,000 to £249,133 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 9 GRIZEDALE CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The June 2022 sale price of £247,000 represented a fair market value for the property.
• The size, condition, and specification of 9 GRIZEDALE CLOSE has not materially changed since June 2022.

How Large is 9 GRIZEDALE CLOSE?

9 GRIZEDALE CLOSE is 88m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 30% 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 GRIZEDALE CLOSE lies on this distribution: 25% of detached houses houses are smaller than 9 GRIZEDALE CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Grantham.

9 GRIZEDALE CLOSE: Plot and Title Map

9 GRIZEDALE CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 9 GRIZEDALE 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 GRIZEDALE 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 GRIZEDALE CLOSE?

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