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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, 4, Formby Close, Grantham is a modern freehold house with 1,367 ft2 of internal area and sits on a 396 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Formby Close, Grantham is £333,037 and the estimated rental value is £1,135 per month.
Formby Close, Grantham, NG31 is located in the borough of South Kesteven within the NG31 postal district.
4, Formby Close, Grantham has a single entry in the Land Registry from September 2014 and a single entry in the EPC database dated April 2014.
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 4, Formby Close, Grantham is in very good condition we estimate a sale value of £349,689 and a rental value of £1,192 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £309,725 and a rental value of £1,055 per month.
Over the last 12 months the sale value of 4 Formby Close Grantham has decreased by an estimated £7,212 (2.2%) and its rental value has increased by an estimated £29 per month (2.5%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 4, Formby Close, Grantham sits on a plot of 396m2.
We have plot size data on 9 out of 10 other houses in the postcode and 4, Formby Close, Grantham sits on the 5th largest plot.
4, Formby Close, Grantham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Apr 2014.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 4, Formby Close, Grantham was last sold on 30th September 2014 for £200,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2014, the market for similar properties has risen 38.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Formby Close, Grantham within a radius of 790 metres over the last 2 years.
The most recent example is 8, Braemar Close, Grantham, NG31 9PB, a freehold house which sold for £355,000 on the 30th May 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, 4, Formby Close, Grantham is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £118k more expensive than the average property in NG31.
The closest station to 4, 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 4, 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 4, 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 4, 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 4, 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 4, 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.
