1, ELGAR WAY, STAMFORD, PE9 1EY - £450,000

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

1 ELGAR WAY is a midsized detached house of 112m², built sometime between 2003 and 2006. It was last sold for £450,000 in September 2023, which was around 19% above the average September 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

1 ELGAR WAY Sold Prices

Land registry data shows three sales for 1 ELGAR WAY 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 1 ELGAR WAY sales were for above 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
2023 22 SEP	£450,000	£378,833	19% above HPI
2017 3 JAN	£285,000	£275,906	3% above HPI
2005 31 OCT	£229,950	£218,236	5% above HPI

1 ELGAR WAY 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 1 ELGAR WAY sales between October 2005 and September 2023 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 January 2017 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2023 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 1 ELGAR WAY?

1 ELGAR WAY is 112m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 50% 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 ELGAR WAY lies on this distribution: 43% of detached houses are smaller than 1 ELGAR WAY, and 56% of houses are larger. Note that EPC data is not available for all properties in Stamford.

1 ELGAR WAY: Plot and Title Map

1 ELGAR WAY sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 1 ELGAR WAY, 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 ELGAR WAY). 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 1 ELGAR WAY?

1 ELGAR WAY is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 1 on ELGAR WAY.