15, TRURO CLOSE, GRANTHAM, NG31 8PH - £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.

15 TRURO CLOSE is a very small semi-detached house of 48m², built sometime between 1983 and 1990, which could now be worth an estimated £176,023. It was last sold for £125,000 in October 2016, which was around 26% below the average October 2016 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

15 TRURO CLOSE Sold Prices

Land registry data shows five sales for 15 TRURO CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. All of the five 15 TRURO 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
2016 5 OCT	£125,000	£168,173	26% below HPI
2006 12 OCT	£104,500	£148,164	29% below HPI
2006 28 JUL	£104,000	£143,928	28% below HPI
2001 19 FEB	£45,000	£67,149	33% below HPI
1998 28 AUG	£35,000	£50,096	30% below HPI

15 TRURO 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 five 15 TRURO CLOSE sales between August 1998 and October 2016 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 October 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2016 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 15 TRURO CLOSE be worth now?

15 TRURO CLOSE might now be worth an estimated £176,023.

This is based on house price inflation of 40.8%, between October 2016 and June 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 40.8% inflationary increase is applied to the most recent sale price for 15 TRURO CLOSE of £125,000 on 5th October 2016. For the value to have increased from £125,000 to £176,023 over the nine years and four months to June 2025, the following assumptions must hold true:

• The value of 15 TRURO CLOSE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The October 2016 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 15 TRURO CLOSE has not materially changed since October 2016.

How Large is 15 TRURO CLOSE?

15 TRURO CLOSE is 48m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% 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 15 TRURO CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 15 TRURO CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Grantham.

15 TRURO CLOSE: Plot and Title Map

15 TRURO CLOSE sits on a plot of roughly 0.037 of an acre, or 149m². The below map shows the location of 15 TRURO 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 15 TRURO 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 15 TRURO CLOSE?

15 TRURO CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 15 on TRURO CLOSE.