16, WELHAM STREET, GRANTHAM, NG31 6QU - £95,000

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 WELHAM STREET is a very small terraced house of 80m², built sometime before 1900, which could now be worth an estimated £138,062. It was last sold for £95,000 in May 2016, which was around 27% below the average May 2016 terraced price in the South Kesteven local authority area. The most recent EPC inspection was October 2015, where the current energy rating was E, and the potential energy rating was B.

16 WELHAM STREET Sold Prices

Land registry data shows five sales for 16 WELHAM STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the South Kesteven local authority area for the corresponding sale date. All of the five 16 WELHAM STREET 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 4 MAY	£95,000	£130,344	27% below HPI
2007 8 MAY	£92,000	£124,740	26% below HPI
2005 17 AUG	£85,000	£107,995	21% below HPI
2003 11 NOV	£69,000	£85,087	19% below HPI
2001 26 OCT	£38,000	£53,048	28% below HPI

16 WELHAM STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Kesteven local authority area over time, sourced from the HPI. The five 16 WELHAM STREET sales between October 2001 and May 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 May 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 16 WELHAM STREET be worth now?

16 WELHAM STREET might now be worth an estimated £138,062.

This is based on house price inflation of 45.3%, between May 2016 and June 2025, for terraced 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 45.3% inflationary increase is applied to the most recent sale price for 16 WELHAM STREET of £95,000 on 4th May 2016. For the value to have increased from £95,000 to £138,062 over the eight years and eleven months to June 2025, the following assumptions must hold true:

• The value of 16 WELHAM STREET has moved in line with the HPI for terraced houses in the South Kesteven local authority area.
• The May 2016 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 16 WELHAM STREET has not materially changed since May 2016.

How Large is 16 WELHAM STREET?

16 WELHAM STREET is 80m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 20% of terraced houses houses in Grantham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Grantham, and where 16 WELHAM STREET lies on this distribution: 18% of terraced houses houses are smaller than 16 WELHAM STREET, and 81% of houses are larger. Note that EPC data is not available for all properties in Grantham.

16 WELHAM STREET: Plot and Title Map

16 WELHAM STREET sits on a plot of roughly 0.025 of an acre, or 103m². The below map shows the location of 16 WELHAM STREET, 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 WELHAM STREET). 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 WELHAM STREET?

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