4, SALISBURY CLOSE, GRANTHAM, NG31 8RD - £157,500

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.

4 SALISBURY CLOSE is a detached house, which could now be worth an estimated £308,271. It was last sold for £157,500 in May 2004, which was around 16% below the average May 2004 detached price in the South Kesteven local authority area.

4 SALISBURY CLOSE Sold Prices

Land registry data shows two sales for 4 SALISBURY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 4 SALISBURY 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
2004 14 MAY	£157,500	£187,220	16% below HPI
1997 30 JUL	£74,950	£76,750	2% below HPI

What might 4 SALISBURY CLOSE be worth now?

4 SALISBURY CLOSE might now be worth an estimated £308,271.

This is based on house price inflation of 95.7%, between May 2004 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 95.7% inflationary increase is applied to the most recent sale price for 4 SALISBURY CLOSE of £157,500 on 14th May 2004. For the value to have increased from £157,500 to £308,271 over the 22 years to May 2026, the following assumptions must hold true:

• The value of 4 SALISBURY CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The May 2004 sale price of £157,500 represented a fair market value for the property.
• The size, condition, and specification of 4 SALISBURY CLOSE has not materially changed since May 2004.

Where is 4 SALISBURY CLOSE?

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