2, SALISBURY CLOSE, GRANTHAM, NG31 8RD - £185,000

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 SALISBURY CLOSE is a small detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £320,643. It was last sold for £185,000 in April 2011, which was around 12% below the average April 2011 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

2 SALISBURY CLOSE Sold Prices

Land registry data shows one sale for 2 SALISBURY 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
2011 15 APR	£185,000	£211,424	12% below HPI

What might 2 SALISBURY CLOSE be worth now?

2 SALISBURY CLOSE might now be worth an estimated £320,643.

This is based on house price inflation of 73.3%, between April 2011 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 73.3% inflationary increase is applied to the most recent sale price for 2 SALISBURY CLOSE of £185,000 on 15th April 2011. For the value to have increased from £185,000 to £320,643 over the fourteen years and eleven months to May 2026, the following assumptions must hold true:

• The value of 2 SALISBURY CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The April 2011 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SALISBURY CLOSE has not materially changed since April 2011.

How Large is 2 SALISBURY CLOSE?

2 SALISBURY CLOSE is 100m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 40% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 2 SALISBURY CLOSE lies on this distribution: 37% of detached houses are smaller than 2 SALISBURY CLOSE, and 62% of detached houses are larger. Note that EPC data is not available for all properties in Grantham.

2 SALISBURY CLOSE: Plot

2 SALISBURY CLOSE sits on a plot of roughly 0.179 of an acre, or 723m².

Where is 2 SALISBURY CLOSE?

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