1, SHELLEY CLOSE, STAMFORD, PE9 2GX - £310,000

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.

1 SHELLEY CLOSE is a very small detached house of 66m², built sometime between 1996 and 2002, which could now be worth an estimated £348,671. It was last sold for £310,000 in September 2021, which was around 4% below the average September 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

1 SHELLEY CLOSE Sold Prices

Land registry data shows four sales for 1 SHELLEY 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 1 SHELLEY 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
2021 30 SEP	£310,000	£324,215	4% below HPI
2015 27 NOV	£223,500	£254,167	12% below HPI
1998 28 AUG	£69,000	£83,490	17% below HPI
1997 27 JUN	£67,000	£75,942	12% below HPI

1 SHELLEY 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 1 SHELLEY CLOSE sales between June 1997 and September 2021 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 November 2015 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2021 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 1 SHELLEY CLOSE be worth now?

1 SHELLEY CLOSE might now be worth an estimated £348,671.

This is based on house price inflation of 12.5%, between September 2021 and February 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 12.5% inflationary increase is applied to the most recent sale price for 1 SHELLEY CLOSE of £310,000 on 30th September 2021. For the value to have increased from £310,000 to £348,671 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 SHELLEY CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The September 2021 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SHELLEY CLOSE has not materially changed since September 2021.

How Large is 1 SHELLEY CLOSE?

1 SHELLEY CLOSE is 66m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of detached houses houses in Stamford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stamford, and where 1 SHELLEY CLOSE lies on this distribution: 4% of detached houses houses are smaller than 1 SHELLEY CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Stamford.

1 SHELLEY CLOSE: Plot and Title Map

1 SHELLEY CLOSE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 1 SHELLEY 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 SHELLEY 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 1 SHELLEY CLOSE?

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