3, WOODLANDS DRIVE, COLSTERWORTH, GRANTHAM, NG33 5NH - £300,000

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

3 WOODLANDS DRIVE is a midsized extended detached house of 144m², built sometime between 1967 and 1975. It was last sold for £300,000 in May 2020, which was around 4% below the average May 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

3 WOODLANDS DRIVE Sold Prices

Land registry data shows three sales for 3 WOODLANDS DRIVE 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. One of the three 3 WOODLANDS DRIVE sales was for below the average price, whilst two 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
2020 20 MAY	£300,000	£313,369	4% below HPI
2014 18 JUL	£240,000	£226,163	6% above HPI
2005 15 DEC	£249,950	£211,327	18% above HPI

3 WOODLANDS DRIVE 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 3 WOODLANDS DRIVE sales between December 2005 and May 2020 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 2014 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the May 2020 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 3 WOODLANDS DRIVE?

3 WOODLANDS DRIVE is 144m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the largest 50% of detached houses in Colsterworth, based on EPC data. The below chart shows the distribution of detached houses by size in Colsterworth, and where 3 WOODLANDS DRIVE lies on this distribution: 55% of detached houses are smaller than 3 WOODLANDS DRIVE, and 44% of houses are larger. Note that EPC data is not available for all properties in Colsterworth.

3 WOODLANDS DRIVE: Plot and Title Map

3 WOODLANDS DRIVE sits on a plot of roughly 0.184 of an acre, or 744m². The below map shows the location of 3 WOODLANDS DRIVE, 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 3 WOODLANDS DRIVE). 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 3 WOODLANDS DRIVE?

3 WOODLANDS DRIVE is located in COLSTERWORTH, in the NG33 postcode district. The below map shows the position of No. 3 on WOODLANDS DRIVE.