5, MEADOW CLOSE, COLSTERWORTH, GRANTHAM, NG33 5HS - £136,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 MEADOW CLOSE is a very small extended detached house of 64m², which could now be worth an estimated £228,428. It was last sold for £136,500 in January 2012, which was around 37% below the average January 2012 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2009, where the current energy rating was C, and the potential energy rating was C.

5 MEADOW CLOSE Sold Prices

Land registry data shows two sales for 5 MEADOW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 5 MEADOW 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
2012 23 JAN	£136,500	£217,907	37% below HPI
2000 24 MAR	£74,950	£93,627	20% below HPI

5 MEADOW 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 two 5 MEADOW CLOSE sales from March 2000 and January 2012 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 March 2000 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the January 2012 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 5 MEADOW CLOSE be worth now?

5 MEADOW CLOSE might now be worth an estimated £228,428.

This is based on house price inflation of 67.3%, between January 2012 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 67.3% inflationary increase is applied to the most recent sale price for 5 MEADOW CLOSE of £136,500 on 23rd January 2012. For the value to have increased from £136,500 to £228,428 over the twelve years and eleven months to February 2025, the following assumptions must hold true:

• The value of 5 MEADOW CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The January 2012 sale price of £136,500 represented a fair market value for the property.
• The size, condition, and specification of 5 MEADOW CLOSE has not materially changed since January 2012.

How Large is 5 MEADOW CLOSE?

5 MEADOW CLOSE is 64m², which includes one extension, according to the EPC inspection conducted in November 2009. This puts it in the smallest 10% 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 5 MEADOW CLOSE lies on this distribution: 5% of detached houses houses are smaller than 5 MEADOW CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Colsterworth.

5 MEADOW CLOSE: Plot and Title Map

5 MEADOW CLOSE sits on a plot of roughly 0.091 of an acre, or 370m². The below map shows the location of 5 MEADOW 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 MEADOW 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 MEADOW CLOSE?

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