24, COLSTER WAY, COLSTERWORTH, GRANTHAM, NG33 5JT - £231,750

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

24 COLSTER WAY is a small extended detached house of 96m², built sometime between 1983 and 1990. It was last sold for £231,750 in July 2004, which was around 15% above the average July 2004 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was A.

24 COLSTER WAY Sold Prices

Land registry data shows two sales for 24 COLSTER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 24 COLSTER WAY sales were 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
2004 14 JUL	£231,750	£201,007	15% above HPI
2002 31 MAY	£155,000	£137,835	12% above HPI

24 COLSTER WAY 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 two 24 COLSTER WAY sales from May 2002 and July 2004 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 May 2002 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2004 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 24 COLSTER WAY?

24 COLSTER WAY is 96m², which includes one extension, according to the EPC inspection conducted in March 2017. This puts it in the smallest 30% of detached houses in Colsterworth, based on EPC data. The below chart shows the distribution of detached houses by size in Colsterworth, and where 24 COLSTER WAY lies on this distribution: 22% of detached houses are smaller than 24 COLSTER WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Colsterworth.

24 COLSTER WAY: Plot and Title Map

24 COLSTER WAY sits on a plot of roughly 0.226 of an acre, or 914m². The below map shows the location of 24 COLSTER WAY, 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 24 COLSTER WAY). 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 24 COLSTER WAY?

24 COLSTER WAY is located in COLSTERWORTH, in the NG33 postcode district. The below map shows the position of No. 24 on COLSTER WAY.