15, HIGHLANDS WAY, STAMFORD, PE9 2XJ - £420,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

15 HIGHLANDS WAY is a large extended detached house of 142m², built sometime between 1950 and 1966. It was last sold for £420,000 in July 2019, which was around 40% above the average July 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.

15 HIGHLANDS WAY Sold Prices

Land registry data shows three sales for 15 HIGHLANDS WAY since 1^st 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. Two of the three 15 HIGHLANDS WAY sales were for above the average price, whilst one was 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
2019 31 JUL	£420,000	£300,787	40% above HPI
2007 17 JUL	£265,000	£239,498	11% above HPI
2001 15 JUN	£120,000	£120,875	1% below HPI

15 HIGHLANDS WAY 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 three 15 HIGHLANDS WAY sales between June 2001 and July 2019 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 July 2007 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2019 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

How Large is 15 HIGHLANDS WAY?

15 HIGHLANDS WAY is 142m², which includes two extensions, according to the EPC inspection conducted in December 2018. This puts it in the largest 40% of detached houses in Stamford, based on EPC data. The below chart shows the distribution of detached houses by size in Stamford, and where 15 HIGHLANDS WAY lies on this distribution: 70% of detached houses are smaller than 15 HIGHLANDS WAY, and 30% of houses are larger. Note that EPC data is not available for all properties in Stamford.

15 HIGHLANDS WAY: Plot and Title Map

15 HIGHLANDS WAY sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 15 HIGHLANDS WAY, 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 15 HIGHLANDS WAY). 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 15 HIGHLANDS WAY?

15 HIGHLANDS WAY is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 15 on HIGHLANDS WAY.