40, COLSTER WAY, COLSTERWORTH, GRANTHAM, NG33 5JT - £59,995

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

40 COLSTER WAY is a very small semi-detached house of 93m², built sometime between 1983 and 1990, which could now be worth an estimated £206,863. It was last sold for £59,995 in May 2001, which was around 12% below the average May 2001 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

40 COLSTER WAY Sold Prices

Land registry data shows two sales for 40 COLSTER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. One of the two 40 COLSTER WAY sales was for below the average price, whilst the other was 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
2001 25 MAY	£59,995	£68,520	12% below HPI
1996 25 OCT	£48,000	£43,708	10% above HPI

40 COLSTER WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 40 COLSTER WAY sales from October 1996 and May 2001 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 October 1996 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the May 2001 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 40 COLSTER WAY be worth now?

40 COLSTER WAY might now be worth an estimated £206,863.

This is based on house price inflation of 244.8%, between May 2001 and February 2025, for semi-detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 244.8% inflationary increase is applied to the most recent sale price for 40 COLSTER WAY of £59,995 on 25th May 2001. For the value to have increased from £59,995 to £206,863 over the 24 years and three months to February 2025, the following assumptions must hold true:

• The value of 40 COLSTER WAY has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The May 2001 sale price of £59,995 represented a fair market value for the property.
• The size, condition, and specification of 40 COLSTER WAY has not materially changed since May 2001.

How Large is 40 COLSTER WAY?

40 COLSTER WAY is 93m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 20% of semi-detached houses houses in Colsterworth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Colsterworth, and where 40 COLSTER WAY lies on this distribution: 19% of semi-detached houses houses are smaller than 40 COLSTER WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Colsterworth.

40 COLSTER WAY: Plot and Title Map

40 COLSTER WAY sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 40 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 40 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 40 COLSTER WAY?

40 COLSTER WAY is located in COLSTERWORTH, in the NG33 postcode district. The below map shows the position of No. 40 on COLSTER WAY.