7, BELVOIR CLOSE, COLSTERWORTH, GRANTHAM, NG33 5JU - £370,000

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.

7 BELVOIR CLOSE is a very large extended detached house of 198m², built sometime between 1983 and 1990, which could now be worth an estimated £514,289. It was last sold for £370,000 in July 2016, which was around 41% above the average July 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was D.

7 BELVOIR CLOSE Sold Prices

Land registry data shows two sales for 7 BELVOIR 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 7 BELVOIR 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
2016 1 JUL	£370,000	£262,350	41% above HPI
1999 26 AUG	£185,000	£92,112	101% above HPI

7 BELVOIR 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 7 BELVOIR CLOSE sales from August 1999 and July 2016 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 August 1999 sale was for 101% above the HPI. So the extrapolation line tracks at 101% above the HPI over time, until the July 2016 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

What might 7 BELVOIR CLOSE be worth now?

7 BELVOIR CLOSE might now be worth an estimated £514,289.

This is based on house price inflation of 39%, between July 2016 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 39% inflationary increase is applied to the most recent sale price for 7 BELVOIR CLOSE of £370,000 on 1st July 2016. For the value to have increased from £370,000 to £514,289 over the nine years and five months to February 2025, the following assumptions must hold true:

• The value of 7 BELVOIR CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The July 2016 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BELVOIR CLOSE has not materially changed since July 2016.

How Large is 7 BELVOIR CLOSE?

7 BELVOIR CLOSE is 198m², which includes one extension, according to the EPC inspection conducted in May 2014. 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 7 BELVOIR CLOSE lies on this distribution: 82% of detached houses houses are smaller than 7 BELVOIR CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Colsterworth.

7 BELVOIR CLOSE: Plot and Title Map

7 BELVOIR CLOSE sits on a plot of roughly 0.276 of an acre, or 1,117m². The below map shows the location of 7 BELVOIR 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 7 BELVOIR 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 7 BELVOIR CLOSE?

7 BELVOIR CLOSE is located in COLSTERWORTH, in the NG33 postcode district. The below map shows the position of No. 7 on BELVOIR CLOSE.