9, MEADOW CLOSE, COLSTERWORTH, GRANTHAM, NG33 5HS - £247,000

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

9 MEADOW CLOSE is a small extended detached house of 100m², built sometime between 1983 and 1990. It was last sold for £247,000 in January 2020, which was around 18% below the average January 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

9 MEADOW CLOSE Sold Prices

Land registry data shows three sales for 9 MEADOW 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 9 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
2020 17 JAN	£247,000	£301,268	18% below HPI
2013 4 NOV	£165,000	£230,386	28% below HPI
2002 24 APR	£105,000	£132,625	21% below HPI

9 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 three 9 MEADOW CLOSE sales between April 2002 and January 2020 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 November 2013 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2020 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 9 MEADOW CLOSE?

9 MEADOW CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 30% of detached houses in Colsterworth, based on EPC data. The below chart shows the distribution of detached houses by size in Colsterworth, and where 9 MEADOW CLOSE lies on this distribution: 23% of detached houses are smaller than 9 MEADOW CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Colsterworth.

9 MEADOW CLOSE: Plot and Title Map

9 MEADOW CLOSE sits on a plot of roughly 0.139 of an acre, or 563m². The below map shows the location of 9 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 9 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 9 MEADOW CLOSE?

9 MEADOW CLOSE is located in COLSTERWORTH, in the NG33 postcode district. The below map shows the position of No. 9 on MEADOW CLOSE.