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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Formby Close, Grantham is a modern freehold house with 731 ft2 of internal area and sits on a 369 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Formby Close, Grantham is £235,767 and the estimated rental value is £919 per month.
Formby Close, Grantham, NG31 is located in the borough of South Kesteven within the NG31 postal district.
2, Formby Close, Grantham has a single entry in the Land Registry from November 2020 and a single entry in the EPC database dated December 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Formby Close, Grantham is in very good condition we estimate a sale value of £247,556 and a rental value of £965 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,264 and a rental value of £854 per month.
Over the last 12 months the sale value of 2 Formby Close Grantham has decreased by an estimated £6,386 (2.7%) and its rental value has increased by an estimated £18 per month (2.0%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, 2, Formby Close, Grantham sits on a plot of 369m2.
We have plot size data on 9 out of 10 other houses in the postcode and 2, Formby Close, Grantham sits on the 8th largest plot.
2, Formby Close, Grantham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Dec 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Formby Close, Grantham was last sold on 19th November 2020 for £205,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2020, the market for similar properties has risen 1.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Formby Close, Grantham within a radius of 790 metres over the last 2 years.
The most recent example is 36, Ascot Drive, Grantham, NG31 9TB, a freehold house which sold for £220,000 on the 10th October 2025.
Read more about house prices in NG31.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Formby Close, Grantham, NG31 has a total of 10 addresses. According to our analysis of all the public data, 2, Formby Close, Grantham is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £21k more expensive than the average property in NG31.
The closest station to 2, Formby Close, Grantham is Grantham station which is 2.5 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Formby Close, Grantham, 55.0% of property is privately owned outright and 36.4% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Formby Close, Grantham, 14.6% of residents are recorded as possessing school level qualifications and 37.3% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Formby Close, Grantham, the average age was 45.7 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Formby Close, Grantham, 0.9% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Formby Close, Grantham, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
