12, WELLFIELD CLOSE, SOUTH WITHAM, GRANTHAM, NG33 5SN - £145,000

12 WELLFIELD CLOSE is a small extended detached house of 79m², built sometime between 1996 and 2002. It was last sold for £145,000 in March 2016, which was around 44% below the average March 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

12 WELLFIELD CLOSE Sold Prices

Land registry data shows two sales for 12 WELLFIELD 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 12 WELLFIELD 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
2016 4 MAR	£145,000	£259,840	44% below HPI
2000 20 APR	£64,950	£97,078	33% below HPI

12 WELLFIELD 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 12 WELLFIELD CLOSE sales from April 2000 and March 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 April 2000 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the March 2016 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 12 WELLFIELD CLOSE?

12 WELLFIELD CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% of detached houses in South Witham, based on EPC data. The below chart shows the distribution of detached houses by size in South Witham, and where 12 WELLFIELD CLOSE lies on this distribution: 25% of detached houses are smaller than 12 WELLFIELD CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in South Witham.

12 WELLFIELD CLOSE: Plot and Title Map

12 WELLFIELD CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 12 WELLFIELD 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 12 WELLFIELD 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 12 WELLFIELD CLOSE?

12 WELLFIELD CLOSE is located in SOUTH WITHAM, in the NG33 postcode district. The below map shows the position of No. 12 on WELLFIELD CLOSE.