17, WELLFIELD CLOSE, SOUTH WITHAM, GRANTHAM, NG33 5SN - £170,000

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

17 WELLFIELD CLOSE is a midsized extended detached house of 96m², built sometime between 1996 and 2002. It was last sold for £170,000 in October 2016, which was around 37% below the average October 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

17 WELLFIELD CLOSE Sold Prices

Land registry data shows three sales for 17 WELLFIELD CLOSE 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. All of the three 17 WELLFIELD 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
2016 14 OCT	£170,000	£271,047	37% below HPI
2002 10 SEP	£108,000	£151,364	29% below HPI
1999 8 NOV	£78,350	£95,626	18% below HPI

17 WELLFIELD CLOSE 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 17 WELLFIELD CLOSE sales between November 1999 and October 2016 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 2002 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the October 2016 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 17 WELLFIELD CLOSE?

17 WELLFIELD CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the largest 50% of detached houses in South Witham, based on EPC data. The below chart shows the distribution of detached houses by size in South Witham, and where 17 WELLFIELD CLOSE lies on this distribution: 51% of detached houses are smaller than 17 WELLFIELD CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in South Witham.

17 WELLFIELD CLOSE: Plot and Title Map

17 WELLFIELD CLOSE sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 17 WELLFIELD 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 17 WELLFIELD 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 17 WELLFIELD CLOSE?

17 WELLFIELD CLOSE is located in SOUTH WITHAM, in the NG33 postcode district. The below map shows the position of No. 17 on WELLFIELD CLOSE.