17, BURROWS CLOSE, GRANTHAM, NG31 7WP - £220,000

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.

17 BURROWS CLOSE is a midsized terraced house of 109m², built in 2013, which could now be worth an estimated £227,102. It was last sold for £220,000 in July 2022, which was around 18% above the average July 2022 terraced price in the South Kesteven local authority area. The most recent EPC inspection was October 2013, where the current energy rating was B, and the potential energy rating was B.

17 BURROWS CLOSE Sold Prices

Land registry data shows two sales for 17 BURROWS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the South Kesteven local authority area for the corresponding sale date. Both of the two 17 BURROWS CLOSE sales were for above 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
2022 15 JUL	£220,000	£186,273	18% above HPI
2013 20 DEC	£149,995	£116,410	29% above HPI

17 BURROWS CLOSE 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 two 17 BURROWS CLOSE sales from December 2013 and July 2022 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 December 2013 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the July 2022 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 17 BURROWS CLOSE be worth now?

17 BURROWS CLOSE might now be worth an estimated £227,102.

This is based on house price inflation of 3.2%, between July 2022 and April 2026, 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 3.2% inflationary increase is applied to the most recent sale price for 17 BURROWS CLOSE of £220,000 on 15th July 2022. For the value to have increased from £220,000 to £227,102 over the four years and three months to April 2026, the following assumptions must hold true:

• The value of 17 BURROWS CLOSE has moved in line with the HPI for terraced houses in the South Kesteven local authority area.
• The July 2022 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 17 BURROWS CLOSE has not materially changed since July 2022.

How Large is 17 BURROWS CLOSE?

17 BURROWS CLOSE is 109m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 50% 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 17 BURROWS CLOSE lies on this distribution: 47% of terraced houses houses are smaller than 17 BURROWS CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Grantham.

17 BURROWS CLOSE: Plot and Title Map

17 BURROWS CLOSE sits on a plot of roughly 0.027 of an acre, or 108m². The below map shows the location of 17 BURROWS 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 17 BURROWS 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 17 BURROWS CLOSE?

17 BURROWS CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 17 on BURROWS CLOSE.