21, WELLFIELD CLOSE, SOUTH WITHAM, GRANTHAM, NG33 5SN - £171,000

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

21 WELLFIELD CLOSE is a small extended detached house of 79m², built sometime between 1996 and 2002. It was last sold for £171,000 in April 2015, which was around 28% below the average April 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2013, where the current energy rating was B, and the potential energy rating was A.

21 WELLFIELD CLOSE Sold Prices

Land registry data shows three sales for 21 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 21 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
2015 30 APR	£171,000	£236,848	28% below HPI
2002 27 JUN	£110,000	£140,590	22% below HPI
1999 28 MAY	£77,000	£89,660	14% below HPI

21 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 21 WELLFIELD CLOSE sales between May 1999 and April 2015 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 June 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2015 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 21 WELLFIELD CLOSE?

21 WELLFIELD CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 30% 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 21 WELLFIELD CLOSE lies on this distribution: 25% of detached houses are smaller than 21 WELLFIELD CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in South Witham.

21 WELLFIELD CLOSE: Plot and Title Map

21 WELLFIELD CLOSE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 21 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 21 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 21 WELLFIELD CLOSE?

21 WELLFIELD CLOSE is located in SOUTH WITHAM, in the NG33 postcode district. The below map shows the position of No. 21 on WELLFIELD CLOSE.