16, CROMER CLOSE, GRANTHAM, NG31 9FE - £165,000

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.

16 CROMER CLOSE is a detached house, which could now be worth an estimated £294,791. It was last sold for £165,000 in May 2005, which was around 20% below the average May 2005 detached price in the South Kesteven local authority area.

16 CROMER CLOSE Sold Prices

Land registry data shows one sale for 16 CROMER CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2005 31 MAY	£165,000	£205,104	20% below HPI

What might 16 CROMER CLOSE be worth now?

16 CROMER CLOSE might now be worth an estimated £294,791.

This is based on house price inflation of 78.7%, between May 2005 and May 2026, 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 78.7% inflationary increase is applied to the most recent sale price for 16 CROMER CLOSE of £165,000 on 31st May 2005. For the value to have increased from £165,000 to £294,791 over the 21 years to May 2026, the following assumptions must hold true:

• The value of 16 CROMER CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The May 2005 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CROMER CLOSE has not materially changed since May 2005.

Where is 16 CROMER CLOSE?

16 CROMER CLOSE is located in GRANTHAM, in the NG31 postcode district.