5, WELBY GARDENS, GRANTHAM, NG31 8BN - £575,000

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

5 WELBY GARDENS is a very large detached house of 380m², built sometime before 1900, which could now be worth an estimated £653,854. It was last sold for £575,000 in February 2021, which was around 78% above the average February 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.

5 WELBY GARDENS Sold Prices

Land registry data shows two sales for 5 WELBY GARDENS 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 WELBY GARDENS 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
2021 11 FEB	£575,000	£323,915	78% above HPI
2000 14 APR	£195,000	£95,479	104% above HPI

5 WELBY GARDENS 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 WELBY GARDENS sales from April 2000 and February 2021 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 2000 sale was for 104% above the HPI. So the extrapolation line tracks at 104% above the HPI over time, until the February 2021 sale, where it falls to 78% above the HPI. The line then continues to track at 78% above the HPI.

What might 5 WELBY GARDENS be worth now?

5 WELBY GARDENS might now be worth an estimated £653,854.

This is based on house price inflation of 13.7%, between February 2021 and December 2024, 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 13.7% inflationary increase is applied to the most recent sale price for 5 WELBY GARDENS of £575,000 on 11th February 2021. For the value to have increased from £575,000 to £653,854 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 5 WELBY GARDENS has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The February 2021 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WELBY GARDENS has not materially changed since February 2021.

How Large is 5 WELBY GARDENS?

5 WELBY GARDENS is 380m² according to the EPC inspection conducted in September 2020. This puts it in the largest 10% of detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 5 WELBY GARDENS lies on this distribution: More than 99% of detached houses houses are smaller than 5 WELBY GARDENS, and less than 1% of houses are larger. Note that EPC data is not available for all properties in Grantham.

5 WELBY GARDENS: Plot and Title Map

5 WELBY GARDENS sits on a plot of roughly 0.206 of an acre, or 832m². The below map shows the location of 5 WELBY GARDENS, 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 WELBY GARDENS). 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 WELBY GARDENS?

5 WELBY GARDENS is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 5 on WELBY GARDENS.