2, PETERBOROUGH CLOSE, GRANTHAM, NG31 8SH - £94,500

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 PETERBOROUGH CLOSE is a large detached house of 128m², built sometime between 1991 and 1995, which could now be worth an estimated £325,274. It was last sold for £94,500 in July 2000, which was around 11% below the average July 2000 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

2 PETERBOROUGH CLOSE Sold Prices

Land registry data shows two sales for 2 PETERBOROUGH 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. One of the two 2 PETERBOROUGH CLOSE sales was for below the average price, whilst the other was 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
2000 14 JUL	£94,500	£106,486	11% below HPI
1998 21 AUG	£85,500	£83,490	2% above HPI

2 PETERBOROUGH 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 PETERBOROUGH CLOSE sales from August 1998 and July 2000 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 August 1998 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2000 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 2 PETERBOROUGH CLOSE be worth now?

2 PETERBOROUGH CLOSE might now be worth an estimated £325,274.

This is based on house price inflation of 244.2%, between July 2000 and March 2025, 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 244.2% inflationary increase is applied to the most recent sale price for 2 PETERBOROUGH CLOSE of £94,500 on 14th July 2000. For the value to have increased from £94,500 to £325,274 over the 25 years and four months to March 2025, the following assumptions must hold true:

• The value of 2 PETERBOROUGH CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The July 2000 sale price of £94,500 represented a fair market value for the property.
• The size, condition, and specification of 2 PETERBOROUGH CLOSE has not materially changed since July 2000.

How Large is 2 PETERBOROUGH CLOSE?

2 PETERBOROUGH CLOSE is 128m² according to the EPC inspection conducted in August 2015. This puts it in the largest 40% 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 PETERBOROUGH CLOSE lies on this distribution: 67% of detached houses houses are smaller than 2 PETERBOROUGH CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Grantham.

2 PETERBOROUGH CLOSE: Plot and Title Map

2 PETERBOROUGH CLOSE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 2 PETERBOROUGH 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 PETERBOROUGH 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 PETERBOROUGH CLOSE?

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