1, HATCLIFFE CLOSE, GRANTHAM, NG31 8FE - £220,000

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.

1 HATCLIFFE CLOSE is a very small detached house of 79m², built sometime between 1976 and 1982, which could now be worth an estimated £249,507. It was last sold for £220,000 in June 2021, which was around 32% below the average June 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

1 HATCLIFFE CLOSE Sold Prices

Land registry data shows two sales for 1 HATCLIFFE 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 1 HATCLIFFE 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
2021 25 JUN	£220,000	£323,184	32% below HPI
2014 22 DEC	£160,000	£229,801	30% below HPI

1 HATCLIFFE 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 1 HATCLIFFE CLOSE sales from December 2014 and June 2021 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 December 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 1 HATCLIFFE CLOSE be worth now?

1 HATCLIFFE CLOSE might now be worth an estimated £249,507.

This is based on house price inflation of 13.4%, between June 2021 and March 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 13.4% inflationary increase is applied to the most recent sale price for 1 HATCLIFFE CLOSE of £220,000 on 25th June 2021. For the value to have increased from £220,000 to £249,507 over the four years and three months to March 2025, the following assumptions must hold true:

• The value of 1 HATCLIFFE CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The June 2021 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HATCLIFFE CLOSE has not materially changed since June 2021.

How Large is 1 HATCLIFFE CLOSE?

1 HATCLIFFE CLOSE is 79m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 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 1 HATCLIFFE CLOSE lies on this distribution: 17% of detached houses houses are smaller than 1 HATCLIFFE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Grantham.

1 HATCLIFFE CLOSE: Plot and Title Map

1 HATCLIFFE CLOSE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 1 HATCLIFFE 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 1 HATCLIFFE 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 1 HATCLIFFE CLOSE?

1 HATCLIFFE CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 1 on HATCLIFFE CLOSE.