12, THE HERMITAGE, STAMFORD, PE9 2RF - £610,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

12 THE HERMITAGE is a very large detached house of 176m², built sometime between 1991 and 1995, which could now be worth an estimated £967,101. It was last sold for £610,000 in September 2013, which was around 165% above the average September 2013 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

12 THE HERMITAGE Sold Prices

Land registry data shows two sales for 12 THE HERMITAGE 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 12 THE HERMITAGE 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
2013 30 SEP	£610,000	£230,009	165% above HPI
2002 8 NOV	£422,500	£160,385	163% above HPI

12 THE HERMITAGE 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 12 THE HERMITAGE sales from November 2002 and September 2013 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 2002 sale was for 163% above the HPI. So the extrapolation line tracks at 163% above the HPI over time, until the September 2013 sale, where it rises to 165% above the HPI. The line then continues to track at 165% above the HPI.

What might 12 THE HERMITAGE be worth now?

12 THE HERMITAGE might now be worth an estimated £967,101.

This is based on house price inflation of 58.5%, between September 2013 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 58.5% inflationary increase is applied to the most recent sale price for 12 THE HERMITAGE of £610,000 on 30th September 2013. For the value to have increased from £610,000 to £967,101 over the twelve years and seven months to February 2025, the following assumptions must hold true:

• The value of 12 THE HERMITAGE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The September 2013 sale price of £610,000 represented a fair market value for the property.
• The size, condition, and specification of 12 THE HERMITAGE has not materially changed since September 2013.

How Large is 12 THE HERMITAGE?

12 THE HERMITAGE is 176m² according to the EPC inspection conducted in June 2013. This puts it in the largest 20% 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 12 THE HERMITAGE lies on this distribution: 85% of detached houses houses are smaller than 12 THE HERMITAGE, and 14% of houses are larger. Note that EPC data is not available for all properties in Stamford.

12 THE HERMITAGE: Plot and Title Map

12 THE HERMITAGE sits on a plot of roughly 0.140 of an acre, or 567m². The below map shows the location of 12 THE HERMITAGE, 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 12 THE HERMITAGE). 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 12 THE HERMITAGE?

12 THE HERMITAGE is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 12 on THE HERMITAGE.