41, COLSTER WAY, COLSTERWORTH, GRANTHAM, NG33 5JT - £292,500

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

41 COLSTER WAY is a very large detached house of 220m², built sometime between 1991 and 1995, which could now be worth an estimated £468,156. It was last sold for £292,500 in December 2013, which was around 28% above the average December 2013 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was D.

41 COLSTER WAY Sold Prices

Land registry data shows three sales for 41 COLSTER WAY 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 41 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
2013 12 DEC	£292,500	£227,836	28% above HPI
2004 10 DEC	£279,000	£213,535	31% above HPI
1998 18 DEC	£93,500	£87,030	7% above HPI

41 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 three 41 COLSTER WAY sales between December 1998 and December 2013 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 December 2004 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the December 2013 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 41 COLSTER WAY be worth now?

41 COLSTER WAY might now be worth an estimated £468,156.

This is based on house price inflation of 60.1%, between December 2013 and February 2025, for 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 60.1% inflationary increase is applied to the most recent sale price for 41 COLSTER WAY of £292,500 on 12th December 2013. For the value to have increased from £292,500 to £468,156 over the twelve years and ten months to February 2025, the following assumptions must hold true:

• The value of 41 COLSTER WAY has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The December 2013 sale price of £292,500 represented a fair market value for the property.
• The size, condition, and specification of 41 COLSTER WAY has not materially changed since December 2013.

How Large is 41 COLSTER WAY?

41 COLSTER WAY is 220m² according to the EPC inspection conducted in August 2010. This puts it in the largest 20% of detached houses houses in Colsterworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Colsterworth, and where 41 COLSTER WAY lies on this distribution: 87% of detached houses houses are smaller than 41 COLSTER WAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Colsterworth.

41 COLSTER WAY: Plot and Title Map

41 COLSTER WAY sits on a plot of roughly 0.236 of an acre, or 955m². The below map shows the location of 41 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 41 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 41 COLSTER WAY?

41 COLSTER WAY is located in COLSTERWORTH, in the NG33 postcode district. The below map shows the position of No. 41 on COLSTER WAY.