4, CARMARTHEN CLOSE, GRANTHAM, NG31 8TX - £150,000

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.

4 CARMARTHEN CLOSE is a very small extended terraced house of 73m², built sometime between 1996 and 2002, which could now be worth an estimated £223,897. It was last sold for £150,000 in October 2015, which was around 18% above the average October 2015 terraced price in the South Kesteven local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

4 CARMARTHEN CLOSE Sold Prices

Land registry data shows two sales for 4 CARMARTHEN 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 4 CARMARTHEN 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
2015 9 OCT	£150,000	£126,907	18% above HPI
2001 15 OCT	£72,495	£53,048	37% above HPI

4 CARMARTHEN 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 4 CARMARTHEN CLOSE sales from October 2001 and October 2015 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 October 2001 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the October 2015 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 4 CARMARTHEN CLOSE be worth now?

4 CARMARTHEN CLOSE might now be worth an estimated £223,897.

This is based on house price inflation of 49.3%, between October 2015 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 49.3% inflationary increase is applied to the most recent sale price for 4 CARMARTHEN CLOSE of £150,000 on 9th October 2015. For the value to have increased from £150,000 to £223,897 over the ten years and four months to June 2025, the following assumptions must hold true:

• The value of 4 CARMARTHEN CLOSE has moved in line with the HPI for terraced houses in the South Kesteven local authority area.
• The October 2015 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CARMARTHEN CLOSE has not materially changed since October 2015.

How Large is 4 CARMARTHEN CLOSE?

4 CARMARTHEN CLOSE is 73m², which includes three extensions, according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% 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 4 CARMARTHEN CLOSE lies on this distribution: 12% of terraced houses houses are smaller than 4 CARMARTHEN CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Grantham.

4 CARMARTHEN CLOSE: Plot and Title Map

4 CARMARTHEN CLOSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 4 CARMARTHEN 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 4 CARMARTHEN 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 4 CARMARTHEN CLOSE?

4 CARMARTHEN CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 4 on CARMARTHEN CLOSE.