1, PASTURE CLOSE, COLSTERWORTH, GRANTHAM, NG33 5NA - £135,000

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.

1 PASTURE CLOSE is a very small semi-detached house of 72m², built sometime between 1983 and 1990, which could now be worth an estimated £223,133. It was last sold for £135,000 in April 2014, which was around 6% below the average April 2014 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

1 PASTURE CLOSE Sold Prices

Land registry data shows two sales for 1 PASTURE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 1 PASTURE 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
2014 16 APR	£135,000	£142,940	6% below HPI
2004 16 AUG	£127,000	£131,008	3% below HPI

1 PASTURE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 1 PASTURE CLOSE sales from August 2004 and April 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2004 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2014 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 1 PASTURE CLOSE be worth now?

1 PASTURE CLOSE might now be worth an estimated £223,133.

This is based on house price inflation of 65.3%, between April 2014 and February 2025, for semi-detached houses, 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 65.3% inflationary increase is applied to the most recent sale price for 1 PASTURE CLOSE of £135,000 on 16th April 2014. For the value to have increased from £135,000 to £223,133 over the eleven years and two months to February 2025, the following assumptions must hold true:

• The value of 1 PASTURE CLOSE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The April 2014 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 1 PASTURE CLOSE has not materially changed since April 2014.

How Large is 1 PASTURE CLOSE?

1 PASTURE CLOSE is 72m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of semi-detached houses houses in Colsterworth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Colsterworth, and where 1 PASTURE CLOSE lies on this distribution: 9% of semi-detached houses houses are smaller than 1 PASTURE CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Colsterworth.

1 PASTURE CLOSE: Plot and Title Map

1 PASTURE CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 1 PASTURE CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 PASTURE CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 PASTURE CLOSE?

1 PASTURE CLOSE is located in COLSTERWORTH, in the NG33 postcode district. The below map shows the position of No. 1 on PASTURE CLOSE.