20, WELLFIELD CLOSE, SOUTH WITHAM, GRANTHAM, NG33 5SN - £200,000

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

20 WELLFIELD CLOSE is a large detached house of 105m², built sometime between 1996 and 2002. It was last sold for £200,000 in April 2016, which was around 22% below the average April 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2011, where the current energy rating was C, and the potential energy rating was C.

20 WELLFIELD CLOSE Sold Prices

Land registry data shows three sales for 20 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 20 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 27 APR	£200,000	£256,568	22% below HPI
2004 13 APR	£155,000	£190,867	19% below HPI
2001 30 MAR	£86,750	£114,832	24% below HPI

20 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 20 WELLFIELD CLOSE sales between March 2001 and April 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 April 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2016 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 20 WELLFIELD CLOSE?

20 WELLFIELD CLOSE is 105m² according to the EPC inspection conducted in October 2011. This puts it in the largest 40% 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 20 WELLFIELD CLOSE lies on this distribution: 61% of detached houses are smaller than 20 WELLFIELD CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in South Witham.

20 WELLFIELD CLOSE: Plot and Title Map

20 WELLFIELD CLOSE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 20 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 20 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 20 WELLFIELD CLOSE?

20 WELLFIELD CLOSE is located in SOUTH WITHAM, in the NG33 postcode district. The below map shows the position of No. 20 on WELLFIELD CLOSE.