5, WAKEFIELD CLOSE, GRANTHAM, NG31 8RT - £265,000

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 WAKEFIELD CLOSE is a small detached house of 90m², built sometime between 1983 and 1990, which could now be worth an estimated £272,521. It was last sold for £265,000 in January 2024, which was around 26% below the average January 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

5 WAKEFIELD CLOSE Sold Prices

Land registry data shows one sale for 5 WAKEFIELD 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
2024 19 JAN	£265,000	£356,328	26% below HPI

What might 5 WAKEFIELD CLOSE be worth now?

5 WAKEFIELD CLOSE might now be worth an estimated £272,521.

This is based on house price inflation of 2.8%, between January 2024 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 2.8% inflationary increase is applied to the most recent sale price for 5 WAKEFIELD CLOSE of £265,000 on 19th January 2024. For the value to have increased from £265,000 to £272,521 over the one year and eight months to May 2026, the following assumptions must hold true:

• The value of 5 WAKEFIELD CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The January 2024 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WAKEFIELD CLOSE has not materially changed since January 2024.

How Large is 5 WAKEFIELD CLOSE?

5 WAKEFIELD CLOSE is 90m² according to the EPC inspection conducted in August 2023. This puts it in the smallest 30% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 5 WAKEFIELD CLOSE lies on this distribution: 27% of detached houses are smaller than 5 WAKEFIELD CLOSE, and 72% of detached houses are larger. Note that EPC data is not available for all properties in Grantham.

5 WAKEFIELD CLOSE: Plot

5 WAKEFIELD CLOSE sits on a plot of roughly 0.059 of an acre, or 240m².

Where is 5 WAKEFIELD CLOSE?

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