2, BRISTOL CLOSE, GRANTHAM, NG31 8SL - £241,000

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.

2 BRISTOL CLOSE is a very small detached house of 80m², built sometime between 1991 and 1995, which could now be worth an estimated £277,563. It was last sold for £241,000 in June 2021, which was around 25% below the average June 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

2 BRISTOL CLOSE Sold Prices

Land registry data shows two sales for 2 BRISTOL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 2 BRISTOL 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
2021 18 JUN	£241,000	£323,184	25% below HPI
2008 7 JUL	£190,000	£233,943	19% below HPI

2 BRISTOL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 2 BRISTOL CLOSE sales from July 2008 and June 2021 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 July 2008 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2021 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 2 BRISTOL CLOSE be worth now?

2 BRISTOL CLOSE might now be worth an estimated £277,563.

This is based on house price inflation of 15.2%, between June 2021 and April 2026, for 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 15.2% inflationary increase is applied to the most recent sale price for 2 BRISTOL CLOSE of £241,000 on 18th June 2021. For the value to have increased from £241,000 to £277,563 over the five years and two months to April 2026, the following assumptions must hold true:

• The value of 2 BRISTOL CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The June 2021 sale price of £241,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BRISTOL CLOSE has not materially changed since June 2021.

How Large is 2 BRISTOL CLOSE?

2 BRISTOL CLOSE is 80m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 20% of detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 2 BRISTOL CLOSE lies on this distribution: 18% of detached houses houses are smaller than 2 BRISTOL CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Grantham.

2 BRISTOL CLOSE: Plot and Title Map

2 BRISTOL CLOSE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 2 BRISTOL 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 2 BRISTOL 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 2 BRISTOL CLOSE?

2 BRISTOL CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 2 on BRISTOL CLOSE.