5, BEECH CLOSE, COLSTERWORTH, GRANTHAM, NG33 5NG - £288,000

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

5 BEECH CLOSE is a midsized extended detached house of 147m², built sometime between 1967 and 1975. It was last sold for £288,000 in December 2015, which was around 9% above the average December 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was C.

5 BEECH CLOSE Sold Prices

Land registry data shows three sales for 5 BEECH 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 5 BEECH CLOSE 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
2015 8 DEC	£288,000	£264,945	9% above HPI
2005 22 APR	£230,000	£207,783	11% above HPI
2004 11 FEB	£225,000	£187,515	20% above HPI

5 BEECH 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 5 BEECH CLOSE sales between February 2004 and December 2015 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 April 2005 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the December 2015 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 5 BEECH CLOSE?

5 BEECH CLOSE is 147m², which includes one extension, according to the EPC inspection conducted in December 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 5 BEECH CLOSE lies on this distribution: 59% of detached houses are smaller than 5 BEECH CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Colsterworth.

5 BEECH CLOSE: Plot and Title Map

5 BEECH CLOSE sits on a plot of roughly 0.306 of an acre, or 1,237m². The below map shows the location of 5 BEECH 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 5 BEECH 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 5 BEECH CLOSE?

5 BEECH CLOSE is located in COLSTERWORTH, in the NG33 postcode district. The below map shows the position of No. 5 on BEECH CLOSE.