3, CROMER CLOSE, GRANTHAM, NG31 9FE - £120,000

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.

3 CROMER CLOSE is a very small extended detached house of 74m², built sometime between 2003 and 2006, which could now be worth an estimated £208,749. It was last sold for £120,000 in November 2011, which was around 44% below the average November 2011 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was B.

3 CROMER CLOSE Sold Prices

Land registry data shows one sale for 3 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
2011 30 NOV	£120,000	£213,969	44% below HPI

What might 3 CROMER CLOSE be worth now?

3 CROMER CLOSE might now be worth an estimated £208,749.

This is based on house price inflation of 74%, between November 2011 and April 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 74% inflationary increase is applied to the most recent sale price for 3 CROMER CLOSE of £120,000 on 30th November 2011. For the value to have increased from £120,000 to £208,749 over the fifteen years and seven months to April 2026, the following assumptions must hold true:

• The value of 3 CROMER CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The November 2011 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CROMER CLOSE has not materially changed since November 2011.

How Large is 3 CROMER CLOSE?

3 CROMER CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 20% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 3 CROMER CLOSE lies on this distribution: 12% of detached houses are smaller than 3 CROMER CLOSE, and 87% of detached houses are larger. Note that EPC data is not available for all properties in Grantham.

3 CROMER CLOSE: Plot

3 CROMER CLOSE sits on a plot of roughly 0.050 of an acre, or 204m².

Where is 3 CROMER CLOSE?

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