55, LARCH CLOSE, GRANTHAM, NG31 7XL - £162,500

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.

55 LARCH CLOSE is a small terraced house of 87m², built sometime between 1976 and 1982, which could now be worth an estimated £159,102. It was last sold for £162,500 in October 2022, which was around 16% below the average October 2022 terraced price in the South Kesteven local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

55 LARCH CLOSE Sold Prices

Land registry data shows two sales for 55 LARCH 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 55 LARCH 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 14 OCT	£162,500	£193,473	16% below HPI
2003 31 JUL	£72,000	£81,669	12% below HPI

55 LARCH 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 55 LARCH CLOSE sales from July 2003 and October 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 July 2003 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 55 LARCH CLOSE be worth now?

55 LARCH CLOSE might now be worth an estimated £159,102.

This is based on house price deflation of 2.1%, between October 2022 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 2.1% deflationary decrease is applied to the most recent sale price for 55 LARCH CLOSE of £162,500 on 14th October 2022. For the value to have decreased from £162,500 to £159,102 over the three years and four months to June 2025, the following assumptions must hold true:

• The value of 55 LARCH CLOSE has moved in line with the HPI for terraced houses in the South Kesteven local authority area.
• The October 2022 sale price of £162,500 represented a fair market value for the property.
• The size, condition, and specification of 55 LARCH CLOSE has not materially changed since October 2022.

How Large is 55 LARCH CLOSE?

55 LARCH CLOSE is 87m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 30% 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 55 LARCH CLOSE lies on this distribution: 24% of terraced houses houses are smaller than 55 LARCH CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Grantham.

55 LARCH CLOSE: Plot and Title Map

55 LARCH CLOSE sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 55 LARCH 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 55 LARCH 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 55 LARCH CLOSE?

55 LARCH CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 55 on LARCH CLOSE.