12, COTTESMORE CLOSE, GRANTHAM, NG31 9JL - £173,000

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.

12 COTTESMORE CLOSE is a very small semi-detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £209,002. It was last sold for £173,000 in April 2020, which was around 12% below the average April 2020 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

12 COTTESMORE CLOSE Sold Prices

Land registry data shows four sales for 12 COTTESMORE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 12 COTTESMORE 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
2020 27 APR	£173,000	£195,560	12% below HPI
2013 2 AUG	£131,000	£144,296	9% below HPI
2007 31 AUG	£147,750	£153,456	4% below HPI
2006 3 FEB	£120,000	£135,597	12% below HPI

12 COTTESMORE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four 12 COTTESMORE CLOSE sales between February 2006 and April 2020 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 2013 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the April 2020 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 12 COTTESMORE CLOSE be worth now?

12 COTTESMORE CLOSE might now be worth an estimated £209,002.

This is based on house price inflation of 20.8%, between April 2020 and February 2025, for semi-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 20.8% inflationary increase is applied to the most recent sale price for 12 COTTESMORE CLOSE of £173,000 on 27th April 2020. For the value to have increased from £173,000 to £209,002 over the five years and two months to February 2025, the following assumptions must hold true:

• The value of 12 COTTESMORE CLOSE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The April 2020 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of 12 COTTESMORE CLOSE has not materially changed since April 2020.

How Large is 12 COTTESMORE CLOSE?

12 COTTESMORE CLOSE is 76m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 20% of semi-detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grantham, and where 12 COTTESMORE CLOSE lies on this distribution: 14% of semi-detached houses houses are smaller than 12 COTTESMORE CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Grantham.

12 COTTESMORE CLOSE: Plot and Title Map

12 COTTESMORE CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 12 COTTESMORE 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 12 COTTESMORE 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 12 COTTESMORE CLOSE?

12 COTTESMORE CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 12 on COTTESMORE CLOSE.