14, HATCLIFFE CLOSE, GRANTHAM, NG31 8FE - £125,000

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.

14 HATCLIFFE CLOSE is a small extended detached house of 101m², built sometime between 1983 and 1990, which could now be worth an estimated £162,943. It was last sold for £125,000 in September 2017, which was around 56% below the average September 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2013, where the current energy rating was C, and the potential energy rating was B.

14 HATCLIFFE CLOSE Sold Prices

Land registry data shows three sales for 14 HATCLIFFE 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 14 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
2017 27 SEP	£125,000	£285,541	56% below HPI
2013 22 AUG	£139,999	£227,211	38% below HPI
1995 14 AUG	£57,000	£71,466	20% below HPI

14 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 three 14 HATCLIFFE CLOSE sales between August 1995 and September 2017 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 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2017 sale, where it falls to 56% below the HPI. The line then continues to track at 56% below the HPI.

What might 14 HATCLIFFE CLOSE be worth now?

14 HATCLIFFE CLOSE might now be worth an estimated £162,943.

This is based on house price inflation of 30.4%, between September 2017 and April 2026, 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 30.4% inflationary increase is applied to the most recent sale price for 14 HATCLIFFE CLOSE of £125,000 on 27th September 2017. For the value to have increased from £125,000 to £162,943 over the nine years and five months to April 2026, the following assumptions must hold true:

• The value of 14 HATCLIFFE CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The September 2017 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 14 HATCLIFFE CLOSE has not materially changed since September 2017.

How Large is 14 HATCLIFFE CLOSE?

14 HATCLIFFE CLOSE is 101m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 40% 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 14 HATCLIFFE CLOSE lies on this distribution: 38% of detached houses houses are smaller than 14 HATCLIFFE CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Grantham.

14 HATCLIFFE CLOSE: Plot and Title Map

14 HATCLIFFE CLOSE sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 14 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 14 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 14 HATCLIFFE CLOSE?

14 HATCLIFFE CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 14 on HATCLIFFE CLOSE.