40, GARDEN CLOSE, GRANTHAM, NG31 9EF - £127,950

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.

40 GARDEN CLOSE is a large flat of 65m², built in 2016, which could now be worth an estimated £157,900. It was last sold for £127,950 in August 2016, which was around 42% above the average August 2016 flat price in the South Kesteven local authority area. The most recent EPC inspection was July 2016, where the current energy rating was B, and the potential energy rating was B.

40 GARDEN CLOSE Sold Prices

Land registry data shows one sale for 40 GARDEN CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat 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
2016 8 AUG	£127,950	£89,797	42% above HPI

What might 40 GARDEN CLOSE be worth now?

40 GARDEN CLOSE might now be worth an estimated £157,900.

This is based on house price inflation of 23.4%, between August 2016 and May 2026, for flats, 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 23.4% inflationary increase is applied to the most recent sale price for 40 GARDEN CLOSE of £127,950 on 8th August 2016. For the value to have increased from £127,950 to £157,900 over the ten years and three months to May 2026, the following assumptions must hold true:

• The value of 40 GARDEN CLOSE has moved in line with the HPI for flats in the South Kesteven local authority area.
• The August 2016 sale price of £127,950 represented a fair market value for the property.
• The size, condition, and specification of 40 GARDEN CLOSE has not materially changed since August 2016.

How Large is 40 GARDEN CLOSE?

40 GARDEN CLOSE is 65m² according to the EPC inspection conducted in July 2016. This puts it in the largest 30% of flats in Grantham, based on EPC data. 75% of flats are smaller than 40 GARDEN CLOSE, and 23% of flats are larger. Note that EPC data is not available for all properties in Grantham.

40 GARDEN CLOSE: Plot

40 GARDEN CLOSE sits on a plot of roughly 0.257 of an acre, or 1,040m².

Where is 40 GARDEN CLOSE?

40 GARDEN CLOSE is located in GRANTHAM, in the NG31 postcode district.