1, SORREL CLOSE, STAMFORD, PE9 2WW - £248,000

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 SORREL CLOSE is a very small extended detached house of 84m², built sometime between 1996 and 2002. It was last sold for £248,000 in September 2017, which was around 15% below the average September 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

1 SORREL CLOSE Sold Prices

Land registry data shows two sales for 1 SORREL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 1 SORREL 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 8 SEP	£248,000	£290,320	15% below HPI
1997 19 SEP	£75,950	£80,021	5% below HPI

1 SORREL 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 two 1 SORREL CLOSE sales from September 1997 and September 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 September 1997 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 1 SORREL CLOSE?

1 SORREL CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% 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 SORREL CLOSE lies on this distribution: 17% of detached houses are smaller than 1 SORREL CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Stamford.

1 SORREL CLOSE: Plot and Title Map

1 SORREL CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 1 SORREL 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 SORREL 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 SORREL CLOSE?

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