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
1 CORNFLOWER CLOSE is a small extended detached house of 98m², built sometime between 1996 and 2002. It was last sold for £320,000 in August 2024, which was around 14% below the average August 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 1 CORNFLOWER CLOSE since 1st 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 1 CORNFLOWER 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 9 AUG | £320,000 | £372,962 | 14% below HPI |
2005 22 DEC | £175,000 | £211,327 | 17% below HPI |
2002 31 JUL | £135,000 | £145,333 | 7% below HPI |
1998 24 JUL | £74,000 | £83,842 | 12% below HPI |
1997 27 JUN | £71,500 | £77,214 | 7% below HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The five 1 CORNFLOWER CLOSE sales between June 1997 and August 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 December 2005 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2024 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.
1 CORNFLOWER CLOSE is 98m², which includes two extensions, according to the EPC inspection conducted in November 2023. This puts it in the smallest 40% of detached houses in Stamford, based on EPC data. The below chart shows the distribution of detached houses by size in Stamford, and where 1 CORNFLOWER CLOSE lies on this distribution: 31% of detached houses are smaller than 1 CORNFLOWER CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Stamford.
1 CORNFLOWER CLOSE sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 1 CORNFLOWER 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 1 CORNFLOWER 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.
1 CORNFLOWER CLOSE is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 1 on CORNFLOWER CLOSE.