5, RIBER CLOSE, GRANTHAM, NG31 8TU - £174,950

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.

5 RIBER CLOSE is a detached house, which could now be worth an estimated £293,841. It was last sold for £174,950 in September 2008, which was around 21% below the average September 2008 detached price in the South Kesteven local authority area.

5 RIBER CLOSE Sold Prices

Land registry data shows three sales for 5 RIBER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 5 RIBER 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
2008 24 SEP	£174,950	£221,613	21% below HPI
2005 16 DEC	£173,500	£207,848	17% below HPI
2001 2 OCT	£97,995	£119,250	18% below HPI

What might 5 RIBER CLOSE be worth now?

5 RIBER CLOSE might now be worth an estimated £293,841.

This is based on house price inflation of 68%, between September 2008 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 68% inflationary increase is applied to the most recent sale price for 5 RIBER CLOSE of £174,950 on 24th September 2008. For the value to have increased from £174,950 to £293,841 over the eighteen years and five months to April 2026, the following assumptions must hold true:

• The value of 5 RIBER CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The September 2008 sale price of £174,950 represented a fair market value for the property.
• The size, condition, and specification of 5 RIBER CLOSE has not materially changed since September 2008.

Where is 5 RIBER CLOSE?

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