8, WELLFIELD CLOSE, SOUTH WITHAM, GRANTHAM, NG33 5SN - £189,000

8 WELLFIELD CLOSE is a midsized extended detached house of 93m², built sometime between 1996 and 2002. It was last sold for £189,000 in June 2017, which was around 33% below the average June 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

8 WELLFIELD CLOSE Sold Prices

Land registry data shows four sales for 8 WELLFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 8 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
2017 13 JUN	£189,000	£282,729	33% below HPI
2013 6 AUG	£156,000	£231,014	32% below HPI
2009 4 NOV	£155,000	£212,329	27% below HPI
1998 1 OCT	£73,500	£88,642	17% below HPI

8 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 four 8 WELLFIELD CLOSE sales between October 1998 and June 2017 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 2013 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2017 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 8 WELLFIELD CLOSE?

8 WELLFIELD CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in April 2009. This puts it in the smallest 50% 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 8 WELLFIELD CLOSE lies on this distribution: 47% of detached houses are smaller than 8 WELLFIELD CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in South Witham.

8 WELLFIELD CLOSE: Plot and Title Map

8 WELLFIELD CLOSE sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 8 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 8 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 8 WELLFIELD CLOSE?

8 WELLFIELD CLOSE is located in SOUTH WITHAM, in the NG33 postcode district. The below map shows the position of No. 8 on WELLFIELD CLOSE.