18, SEACROFT CLOSE, GRANTHAM, NG31 9GL - £200,000

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.

18 SEACROFT CLOSE is a very small semi-detached house of 73m², built sometime from 2012 onwards, which could now be worth an estimated £205,836. It was last sold for £200,000 in May 2022, which was around 13% below the average May 2022 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

18 SEACROFT CLOSE Sold Prices

Land registry data shows four sales for 18 SEACROFT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 18 SEACROFT 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
2022 13 MAY	£200,000	£229,559	13% below HPI
2021 27 SEP	£200,000	£205,934	3% below HPI
2018 7 SEP	£157,500	£192,223	18% below HPI
2003 11 JUL	£98,950	£108,570	9% below HPI

18 SEACROFT 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 four 18 SEACROFT CLOSE sales between July 2003 and May 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 September 2021 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2022 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 18 SEACROFT CLOSE be worth now?

18 SEACROFT CLOSE might now be worth an estimated £205,836.

This is based on house price inflation of 2.9%, between May 2022 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 2.9% inflationary increase is applied to the most recent sale price for 18 SEACROFT CLOSE of £200,000 on 13th May 2022. For the value to have increased from £200,000 to £205,836 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 18 SEACROFT CLOSE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The May 2022 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 18 SEACROFT CLOSE has not materially changed since May 2022.

How Large is 18 SEACROFT CLOSE?

18 SEACROFT CLOSE is 73m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 20% 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 18 SEACROFT CLOSE lies on this distribution: 12% of semi-detached houses houses are smaller than 18 SEACROFT CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Grantham.

18 SEACROFT CLOSE: Plot and Title Map

18 SEACROFT CLOSE sits on a plot of roughly 0.042 of an acre, or 168m². The below map shows the location of 18 SEACROFT 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 18 SEACROFT 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 18 SEACROFT CLOSE?

18 SEACROFT CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 18 on SEACROFT CLOSE.