11, SHELLEY CLOSE, STAMFORD, PE9 2GX - £425,000

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.

11 SHELLEY CLOSE is a large detached house of 141m², built sometime between 1996 and 2002, which could now be worth an estimated £454,742. It was last sold for £425,000 in November 2021, which was around 24% above the average November 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

11 SHELLEY CLOSE Sold Prices

Land registry data shows four sales for 11 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 11 SHELLEY CLOSE 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
2021 1 NOV	£425,000	£342,558	24% above HPI
2013 6 NOV	£265,000	£226,594	17% above HPI
2001 3 JAN	£149,000	£110,519	35% above HPI
1996 20 DEC	£89,696	£71,986	25% above HPI

11 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 11 SHELLEY CLOSE sales between December 1996 and November 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 2013 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2021 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 11 SHELLEY CLOSE be worth now?

11 SHELLEY CLOSE might now be worth an estimated £454,742.

This is based on house price inflation of 7%, between November 2021 and March 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 7% inflationary increase is applied to the most recent sale price for 11 SHELLEY CLOSE of £425,000 on 1st November 2021. For the value to have increased from £425,000 to £454,742 over the four years and eight months to March 2025, the following assumptions must hold true:

• The value of 11 SHELLEY CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The November 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 11 SHELLEY CLOSE has not materially changed since November 2021.

How Large is 11 SHELLEY CLOSE?

11 SHELLEY CLOSE is 141m² according to the EPC inspection conducted in September 2013. This puts it in the largest 40% 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 11 SHELLEY CLOSE lies on this distribution: 69% of detached houses houses are smaller than 11 SHELLEY CLOSE, and 31% of houses are larger. Note that EPC data is not available for all properties in Stamford.

11 SHELLEY CLOSE: Plot and Title Map

11 SHELLEY CLOSE sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 11 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 11 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 11 SHELLEY CLOSE?

11 SHELLEY CLOSE is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 11 on SHELLEY CLOSE.