5, DURHAM CLOSE, GRANTHAM, NG31 8RH - £38,000

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.

5 DURHAM CLOSE is a semi-detached house, which could now be worth an estimated £195,134. It was last sold for £38,000 in May 1997, which was around 17% below the average May 1997 semi-detached price in the South Kesteven local authority area.

5 DURHAM CLOSE Sold Prices

Land registry data shows one sale for 5 DURHAM CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
1997 30 MAY	£38,000	£46,008	17% below HPI

What might 5 DURHAM CLOSE be worth now?

5 DURHAM CLOSE might now be worth an estimated £195,134.

This is based on house price inflation of 413.5%, between May 1997 and May 2026, for semi-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 413.5% inflationary increase is applied to the most recent sale price for 5 DURHAM CLOSE of £38,000 on 30th May 1997. For the value to have increased from £38,000 to £195,134 over the 29 years to May 2026, the following assumptions must hold true:

• The value of 5 DURHAM CLOSE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The May 1997 sale price of £38,000 represented a fair market value for the property.
• The size, condition, and specification of 5 DURHAM CLOSE has not materially changed since May 1997.

Where is 5 DURHAM CLOSE?

5 DURHAM CLOSE is located in GRANTHAM, in the NG31 postcode district.