7, LABURNUM CLOSE, GRANTHAM, NG31 9LS - £84,000

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 LABURNUM CLOSE is a midsized flat of 57m², built sometime between 1967 and 1975, which could now be worth an estimated £100,053. It was last sold for £84,000 in March 2017, which was around 10% below the average March 2017 flat price in the South Kesteven local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

7 LABURNUM CLOSE Sold Prices

Land registry data shows two sales for 7 LABURNUM 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 LABURNUM 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
2017 24 MAR	£84,000	£93,036	10% below HPI
2011 15 JUN	£62,000	£75,911	18% below HPI

What might 7 LABURNUM CLOSE be worth now?

7 LABURNUM CLOSE might now be worth an estimated £100,053.

This is based on house price inflation of 19.1%, between March 2017 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 19.1% inflationary increase is applied to the most recent sale price for 7 LABURNUM CLOSE of £84,000 on 24th March 2017. For the value to have increased from £84,000 to £100,053 over the eight years and ten months to May 2026, the following assumptions must hold true:

• The value of 7 LABURNUM CLOSE has moved in line with the HPI for flats in the South Kesteven local authority area.
• The March 2017 sale price of £84,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LABURNUM CLOSE has not materially changed since March 2017.

How Large is 7 LABURNUM CLOSE?

7 LABURNUM CLOSE is 57m² according to the EPC inspection conducted in February 2017. This puts it in the largest 50% of flats in Grantham, based on EPC data. 51% of flats are smaller than 7 LABURNUM CLOSE, and 45% of flats are larger. Note that EPC data is not available for all properties in Grantham.

7 LABURNUM CLOSE: Plot

7 LABURNUM CLOSE sits on a plot of roughly 0.017 of an acre, or 70m².

Where is 7 LABURNUM CLOSE?

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