2, PORTHCAWL CLOSE, GRANTHAM, NG31 9GH - £215,000

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 PORTHCAWL CLOSE is a very small semi-detached house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £214,727. It was last sold for £215,000 in December 2022, which was around 9% below the average December 2022 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was A.

2 PORTHCAWL CLOSE Sold Prices

Land registry data shows four sales for 2 PORTHCAWL 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 2 PORTHCAWL 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 9 DEC	£215,000	£236,557	9% below HPI
2018 31 JAN	£148,000	£180,431	18% below HPI
2006 13 APR	£126,500	£137,594	8% below HPI
2003 4 SEP	£104,950	£111,808	6% below HPI

2 PORTHCAWL 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 2 PORTHCAWL CLOSE sales between September 2003 and December 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 January 2018 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 2 PORTHCAWL CLOSE be worth now?

2 PORTHCAWL CLOSE might now be worth an estimated £214,727.

This is based on house price deflation of 0.1%, between December 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 0.1% deflationary decrease is applied to the most recent sale price for 2 PORTHCAWL CLOSE of £215,000 on 9th December 2022. For the value to have decreased from £215,000 to £214,727 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 PORTHCAWL CLOSE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The December 2022 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PORTHCAWL CLOSE has not materially changed since December 2022.

How Large is 2 PORTHCAWL CLOSE?

2 PORTHCAWL CLOSE is 72m² according to the EPC inspection conducted in November 2017. 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 2 PORTHCAWL CLOSE lies on this distribution: 11% of semi-detached houses houses are smaller than 2 PORTHCAWL CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Grantham.

2 PORTHCAWL CLOSE: Plot and Title Map

2 PORTHCAWL CLOSE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 2 PORTHCAWL 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 PORTHCAWL 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 PORTHCAWL CLOSE?

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