2A, STEPHENSON CLOSE, COLSTERWORTH, GRANTHAM, NG33 5GP - £290,000

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

2A STEPHENSON CLOSE is a small detached house of 93m². It was last sold for £290,000 in April 2022, which was around 20% below the average April 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was B.

2A STEPHENSON CLOSE Sold Prices

Land registry data shows three sales for 2A STEPHENSON 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 2A STEPHENSON 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
2022 5 APR	£290,000	£361,857	20% below HPI
2017 20 JUL	£235,000	£284,275	17% below HPI
2010 22 OCT	£180,000	£223,515	19% below HPI

2A STEPHENSON 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 2A STEPHENSON CLOSE sales between October 2010 and April 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 July 2017 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2A STEPHENSON CLOSE?

2A STEPHENSON CLOSE is 93m² according to the EPC inspection conducted in October 2010. 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 2A STEPHENSON CLOSE lies on this distribution: 21% of detached houses are smaller than 2A STEPHENSON CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Colsterworth.

2A STEPHENSON CLOSE: Plot and Title Map

2A STEPHENSON CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 2A STEPHENSON 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 2A STEPHENSON 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 2A STEPHENSON CLOSE?

2A STEPHENSON CLOSE is located in COLSTERWORTH, in the NG33 postcode district. The below map shows the position of No. 2A on STEPHENSON CLOSE.