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
10 SORREL CLOSE is a very small extended detached house of 80m², built sometime from 2007 onwards. It was last sold for £139,000 in September 2003, which was around 25% below the average September 2003 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 10 SORREL CLOSE since 1st 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 10 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 |
---|---|---|---|
2003 5 SEP | £139,000 | £184,697 | 25% below HPI |
2001 18 MAY | £104,000 | £117,248 | 11% below HPI |
1998 10 JUL | £76,950 | £83,842 | 8% 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 three 10 SORREL CLOSE sales between July 1998 and September 2003 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 May 2001 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2003 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
10 SORREL CLOSE is 80m², which includes two extensions, according to the EPC inspection conducted in August 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 10 SORREL CLOSE lies on this distribution: 13% of detached houses are smaller than 10 SORREL CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Stamford.
10 SORREL CLOSE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 10 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 10 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.
10 SORREL CLOSE is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 10 on SORREL CLOSE.