16, TRURO CLOSE, GRANTHAM, NG31 8PH - £50,000

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.

16 TRURO CLOSE is a very small semi-detached house of 48m², built sometime between 1983 and 1990, which could now be worth an estimated £157,440. It was last sold for £50,000 in January 2002, which was around 33% below the average January 2002 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

16 TRURO CLOSE Sold Prices

Land registry data shows two sales for 16 TRURO CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 16 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
2002 7 JAN	£50,000	£75,031	33% below HPI
1999 30 APR	£38,000	£53,318	29% below HPI

16 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 two 16 TRURO CLOSE sales from April 1999 and January 2002 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 April 1999 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the January 2002 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 16 TRURO CLOSE be worth now?

16 TRURO CLOSE might now be worth an estimated £157,440.

This is based on house price inflation of 214.9%, between January 2002 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 214.9% inflationary increase is applied to the most recent sale price for 16 TRURO CLOSE of £50,000 on 7th January 2002. For the value to have increased from £50,000 to £157,440 over the 22 years and eleven months to February 2025, the following assumptions must hold true:

• The value of 16 TRURO CLOSE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The January 2002 sale price of £50,000 represented a fair market value for the property.
• The size, condition, and specification of 16 TRURO CLOSE has not materially changed since January 2002.

How Large is 16 TRURO CLOSE?

16 TRURO CLOSE is 48m² according to the EPC inspection conducted in February 2015. 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 16 TRURO CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 16 TRURO CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Grantham.

16 TRURO CLOSE: Plot and Title Map

16 TRURO CLOSE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 16 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 16 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 16 TRURO CLOSE?

16 TRURO CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 16 on TRURO CLOSE.