Local market reports › NG area › NG31 › NG31 8
Grantham market report NG31 8
The NG31 8 (Grantham) house price history in full, 1995 to 2026, in cash and in today's money. Every figure on this page comes from the public record: 10,245 sales registered with HM Land Registry in NG31 8 (Grantham) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: a typical NG31 8 (Grantham) home changed hands for £265,000 in 2026 (median of 114 registered sales, up 10% on five years earlier), with the mean at £285,400, and by floor area homes here have averaged about £2,670 per square metre over the last five years. Source: 10,245 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
NG31 8 is a postcode sector: one group of streets inside NG31 (Grantham). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where NG31 8 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What buyers actually paid in NG31 8
Take the 114 registered 2026 sales in NG31 8 and the middle price, the median, is £265,000. The mean lands at £285,400, somewhat above it, as happens wherever a market carries an expensive tail.
House prices per square metre in NG31 8
Per square metre, NG31 8 homes have averaged around £2,670 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
Set against the £285,000 England and Wales median, NG31 8 sits 7% below the national market.
A typical NG31 8 home, priced year by year (1995 to 2026)
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £265,000 | £265,000 | 114 |
| 2025 | £252,500 | £258,538 | 299 |
| 2024 | £250,000 | £265,801 | 246 |
| 2023 | £255,000 | £280,183 | 243 |
| 2022 | £260,000 | £304,880 | 297 |
| 2021 | £240,500 | £304,504 | 416 |
| 2020 | £217,000 | £281,562 | 287 |
| 2019 | £214,000 | £280,503 | 318 |
| 2018 | £208,500 | £277,934 | 394 |
| 2017 | £185,000 | £252,321 | 337 |
| 2016 | £180,000 | £251,822 | 297 |
| 2015 | £187,000 | £264,231 | 349 |
| 2014 | £178,000 | £252,524 | 345 |
| 2013 | £158,000 | £227,346 | 265 |
| 2012 | £150,000 | £220,781 | 177 |
| 2011 | £136,000 | £205,308 | 185 |
| 2010 | £150,000 | £235,239 | 199 |
| 2009 | £139,700 | £224,569 | 188 |
| 2008 | £160,000 | £262,274 | 182 |
| 2007 | £155,000 | £262,923 | 321 |
| 2006 | £160,000 | £277,740 | 363 |
| 2005 | £141,000 | £250,923 | 302 |
| 2004 | £143,500 | £260,624 | 349 |
| 2003 | £130,000 | £239,492 | 412 |
| 2002 | £97,000 | £182,505 | 452 |
| 2001 | £80,000 | £153,796 | 492 |
| 2000 | £71,500 | £140,319 | 474 |
| 1999 | £63,800 | £127,150 | 442 |
| 1998 | £57,000 | £115,059 | 389 |
| 1997 | £54,000 | £110,743 | 422 |
| 1996 | £49,000 | £103,339 | 374 |
| 1995 | £50,200 | £109,127 | 315 |
In cash terms the typical NG31 8 home went from £50,200 in 1995 to £265,000 in 2026, roughly 5 times the price. Adjusted for inflation it still comes to a real rise of roughly 143%, so homes here got dearer in substance, not only in cash. In inflation-adjusted terms the high-water mark was 2022. The market now sits about 13% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the NG31 8 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2003 (+34.0% on the year before); the weakest, 2009 (−12.7%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What NG31 8 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +5.0% | +2.5% |
| 5 years (since 2021) | +2.0% | −2.7% |
| 10 years (since 2016) | +3.9% | +0.5% |
| 20 years (since 2006) | +2.6% | −0.2% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
How many homes change hands in NG31 8
Sales per year, counted
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
The register shows 114 NG31 8 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 396 sales a year before the financial crisis and 240 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
Rents around NG31 8
The local authority for NG31 8 is South Kesteven, and its ONS average private rent currently stands at £838 a month (May 2026 figures). Size sets most of the rent: one-beds average £580 a month here against £1,312 for four or more bedrooms.
Average monthly rent by size, South Kesteven
ONS Price Index of Private Rents, May 2026.
Against the £265,000 median purchase price, a rent of £838 a month (£10,056 a year) works out at a 3.8% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
How NG31 8 trades
Within NG31, this sector trades 20% above the district median: one of the dearer corners of its district.
Common questions on NG31 8 (Grantham)
Is NG31 8 (Grantham) a good place to buy a house?
How much did a house sell for in NG31 8 (Grantham)?
Are property prices falling in NG31 8 (Grantham)?
What happens to NG31 8 prices now?
Prediction is not this page's business. Its business is the record, which says: the median is up 10% over five years in cash but down 13% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
What you could buy in NG31 now
Turning to what is actually available: 187 homes on the market right now, from 8 agents publishing to HomesIndex.
These cover the whole NG31 district, not just NG31 8: live asking prices are collected per district.
Of everything listed here, 30% asks less than the sold record of comparable homes. The comparison behind each listing uses recent recorded sales of similar homes close by.
- Redcross Street, Grantham, Lincolnshire, Grantham
- Grantham, Lincolnshire, NG31 8BT, Lincolnshire
- Hill View Close, Grantham
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every NG31 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
The price of an extra bedroom in NG
What homes of each size actually sold for across the NG area, from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £242,000 | £340,000 (+40%) | £500,000 (+47%) | £685,000 (+37%) |
| Semi-detached | £170,000 | £195,000 (+15%) | £235,000 (+21%) | £330,000 (+40%) | £462,500 (+40%) |
| Terraced | £154,000 | £165,000 (+7%) | £185,000 (+12%) | £250,000 (+35%) | £328,500 (+31%) |
| Flat | £118,800 | £151,000 (+27%) | £220,000 (+46%) | £397,500 (+81%) | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
The spread across the NG area is the point: the same five years treated these districts very differently.
Winners and losers across the NG area, five years
The districts that gained and lost most in cash terms, each row linking through to its own report.
Other sectors in NG31
Sector boundaries hide real price steps. The rest of NG31, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| NG31 6 | £130,000 | 25 |
| NG31 7 | £180,000 | 63 |
| NG31 9 | £215,000 | 61 |
Zoom out to the full NG31 district report for the type split, monthly volumes and how NG31 compares with its neighbours.
Thinking of selling in NG31 8? Get a rough value first
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at NG31 8's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim NG31 8.
Dig further
Behind the answers sits the same Land Registry record as this page, with NG31 8 already set as the subject. Free, one click sign in.
See every individual NG31 8 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.