18, WELWYN CLOSE, GRANTHAM, NG31 7JU - £180,000

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 WELWYN CLOSE is a small semi-detached house of 89m², built sometime between 1950 and 1966, which could now be worth an estimated £228,504. It was last sold for £180,000 in May 2019, which was around 4% below the average May 2019 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

18 WELWYN CLOSE Sold Prices

Land registry data shows four sales for 18 WELWYN 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 WELWYN 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
2019 24 MAY	£180,000	£186,550	4% below HPI
2014 11 DEC	£135,000	£145,727	7% below HPI
2003 31 OCT	£94,000	£112,270	16% below HPI
1998 29 MAY	£33,000	£49,585	33% below HPI

18 WELWYN 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 WELWYN CLOSE sales between May 1998 and May 2019 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 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the May 2019 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 18 WELWYN CLOSE be worth now?

18 WELWYN CLOSE might now be worth an estimated £228,504.

This is based on house price inflation of 26.9%, between May 2019 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 26.9% inflationary increase is applied to the most recent sale price for 18 WELWYN CLOSE of £180,000 on 24th May 2019. For the value to have increased from £180,000 to £228,504 over the five years and eleven months to June 2025, the following assumptions must hold true:

• The value of 18 WELWYN CLOSE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The May 2019 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 18 WELWYN CLOSE has not materially changed since May 2019.

How Large is 18 WELWYN CLOSE?

18 WELWYN CLOSE is 89m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 30% 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 WELWYN CLOSE lies on this distribution: 26% of semi-detached houses houses are smaller than 18 WELWYN CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Grantham.

18 WELWYN CLOSE: Plot and Title Map

18 WELWYN CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 18 WELWYN 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 WELWYN 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 WELWYN CLOSE?

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