7, BURROWS CLOSE, GRANTHAM, NG31 7WP - £107,000

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.

7 BURROWS CLOSE is a small flat of 52m², built sometime from 2012 onwards, which could now be worth an estimated £142,648. It was last sold for £107,000 in July 2015, which was around 27% above the average July 2015 flat price in the South Kesteven local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was C.

7 BURROWS CLOSE Sold Prices

Land registry data shows two sales for 7 BURROWS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the South Kesteven local authority area for the corresponding sale date. Both of the two 7 BURROWS CLOSE sales were for above 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
2015 27 JUL	£107,000	£84,085	27% above HPI
2014 23 APR	£104,495	£77,774	34% above HPI

What might 7 BURROWS CLOSE be worth now?

7 BURROWS CLOSE might now be worth an estimated £142,648.

This is based on house price inflation of 33.3%, between July 2015 and April 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 33.3% inflationary increase is applied to the most recent sale price for 7 BURROWS CLOSE of £107,000 on 27th July 2015. For the value to have increased from £107,000 to £142,648 over the eleven years and three months to April 2026, the following assumptions must hold true:

• The value of 7 BURROWS CLOSE has moved in line with the HPI for flats in the South Kesteven local authority area.
• The July 2015 sale price of £107,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BURROWS CLOSE has not materially changed since July 2015.

How Large is 7 BURROWS CLOSE?

7 BURROWS CLOSE is 52m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 40% of flats in Grantham, based on EPC data. 36% of flats are smaller than 7 BURROWS CLOSE, and 60% of flats are larger. Note that EPC data is not available for all properties in Grantham.

7 BURROWS CLOSE: Plot

7 BURROWS CLOSE sits on a plot of roughly 0.024 of an acre, or 98m².

Where is 7 BURROWS CLOSE?

7 BURROWS CLOSE is located in GRANTHAM, in the NG31 postcode district.