3, WELLFIELD CLOSE, SOUTH WITHAM, GRANTHAM, NG33 5SN - £305,000

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.

3 WELLFIELD CLOSE is a large extended detached house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £309,570. It was last sold for £305,000 in April 2024, which was around 16% below the average April 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

3 WELLFIELD CLOSE Sold Prices

Land registry data shows five sales for 3 WELLFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the five 3 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
2024 10 APR	£305,000	£363,002	16% below HPI
2019 15 AUG	£228,000	£305,827	25% below HPI
2013 11 OCT	£180,000	£229,924	22% below HPI
2000 7 APR	£87,000	£95,479	9% below HPI
1997 28 NOV	£75,000	£81,527	8% below HPI

3 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 five 3 WELLFIELD CLOSE sales between November 1997 and April 2024 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 2019 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the April 2024 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 3 WELLFIELD CLOSE be worth now?

3 WELLFIELD CLOSE might now be worth an estimated £309,570.

This is based on house price inflation of 1.5%, between April 2024 and June 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 1.5% inflationary increase is applied to the most recent sale price for 3 WELLFIELD CLOSE of £305,000 on 10th April 2024. For the value to have increased from £305,000 to £309,570 over the ten months to June 2025, the following assumptions must hold true:

• The value of 3 WELLFIELD CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The April 2024 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WELLFIELD CLOSE has not materially changed since April 2024.

How Large is 3 WELLFIELD CLOSE?

3 WELLFIELD CLOSE is 120m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 30% of detached houses houses in South Witham, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Witham, and where 3 WELLFIELD CLOSE lies on this distribution: 73% of detached houses houses are smaller than 3 WELLFIELD CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in South Witham.

3 WELLFIELD CLOSE: Plot and Title Map

3 WELLFIELD CLOSE sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 3 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 3 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 3 WELLFIELD CLOSE?

3 WELLFIELD CLOSE is located in SOUTH WITHAM, in the NG33 postcode district. The below map shows the position of No. 3 on WELLFIELD CLOSE.