2, GUILDFORD CLOSE, GRANTHAM, NG31 8SJ - £187,000

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 GUILDFORD CLOSE is a detached house, which could now be worth an estimated £281,918. It was last sold for £187,000 in October 2007, which was around 23% below the average October 2007 detached price in the South Kesteven local authority area.

2 GUILDFORD CLOSE Sold Prices

Land registry data shows three sales for 2 GUILDFORD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 2 GUILDFORD 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
2007 12 OCT	£187,000	£243,065	23% below HPI
1999 29 APR	£69,250	£88,142	21% below HPI
1997 21 FEB	£69,995	£72,441	3% below HPI

What might 2 GUILDFORD CLOSE be worth now?

2 GUILDFORD CLOSE might now be worth an estimated £281,918.

This is based on house price inflation of 50.8%, between October 2007 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 50.8% inflationary increase is applied to the most recent sale price for 2 GUILDFORD CLOSE of £187,000 on 12th October 2007. For the value to have increased from £187,000 to £281,918 over the nineteen years and five months to May 2026, the following assumptions must hold true:

• The value of 2 GUILDFORD CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The October 2007 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GUILDFORD CLOSE has not materially changed since October 2007.

Where is 2 GUILDFORD CLOSE?

2 GUILDFORD CLOSE is located in GRANTHAM, in the NG31 postcode district.