31, CHICHESTER CLOSE, GRANTHAM, NG31 8AS - £135,000

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.

31 CHICHESTER CLOSE is a small extended terraced house of 98m², built sometime between 1976 and 1982, which could now be worth an estimated £200,227. It was last sold for £135,000 in October 2007, which was around 6% above the average October 2007 terraced price in the South Kesteven local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

31 CHICHESTER CLOSE Sold Prices

Land registry data shows two sales for 31 CHICHESTER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the South Kesteven local authority area for the corresponding sale date. Both of the two 31 CHICHESTER CLOSE sales were 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
2007 4 OCT	£135,000	£127,718	6% above HPI
2005 4 NOV	£114,000	£108,631	5% above HPI

31 CHICHESTER CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Kesteven local authority area over time, sourced from the HPI. The two 31 CHICHESTER CLOSE sales from November 2005 and October 2007 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 November 2005 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2007 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 31 CHICHESTER CLOSE be worth now?

31 CHICHESTER CLOSE might now be worth an estimated £200,227.

This is based on house price inflation of 48.3%, between October 2007 and June 2025, for terraced 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 48.3% inflationary increase is applied to the most recent sale price for 31 CHICHESTER CLOSE of £135,000 on 4th October 2007. For the value to have increased from £135,000 to £200,227 over the eighteen years and four months to June 2025, the following assumptions must hold true:

• The value of 31 CHICHESTER CLOSE has moved in line with the HPI for terraced houses in the South Kesteven local authority area.
• The October 2007 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 31 CHICHESTER CLOSE has not materially changed since October 2007.

How Large is 31 CHICHESTER CLOSE?

31 CHICHESTER CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 40% of terraced houses houses in Grantham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Grantham, and where 31 CHICHESTER CLOSE lies on this distribution: 35% of terraced houses houses are smaller than 31 CHICHESTER CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Grantham.

31 CHICHESTER CLOSE: Plot and Title Map

31 CHICHESTER CLOSE sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 31 CHICHESTER 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 31 CHICHESTER 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 31 CHICHESTER CLOSE?

31 CHICHESTER CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 31 on CHICHESTER CLOSE.