1, WATT AVENUE, COLSTERWORTH, GRANTHAM, NG33 5GL - £300,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 WATT AVENUE is a small detached house of 128m², built sometime between 2007 and 2011. It was last sold for £300,000 in July 2022, which was around 19% below the average July 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

1 WATT AVENUE Sold Prices

Land registry data shows three sales for 1 WATT AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Two of the three 1 WATT AVENUE sales were for below the average price, whilst one was for above 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
2022 31 JUL	£300,000	£371,248	19% below HPI
2018 19 SEP	£255,000	£309,614	18% below HPI
2011 25 FEB	£220,000	£209,257	5% above HPI

1 WATT AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 1 WATT AVENUE sales between February 2011 and July 2022 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 September 2018 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2022 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 1 WATT AVENUE?

1 WATT AVENUE is 128m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 40% of detached houses in Colsterworth, based on EPC data. The below chart shows the distribution of detached houses by size in Colsterworth, and where 1 WATT AVENUE lies on this distribution: 39% of detached houses are smaller than 1 WATT AVENUE, and 61% of houses are larger. Note that EPC data is not available for all properties in Colsterworth.

1 WATT AVENUE: Plot and Title Map

1 WATT AVENUE sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 1 WATT AVENUE, 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 WATT AVENUE). 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 WATT AVENUE?

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