15, LUMBYS TERRACE, STAMFORD, PE9 2NS - £390,000

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.

15 LUMBYS TERRACE is a very small extended detached house of 69m², built sometime before 1900, which could now be worth an estimated £529,215. It was last sold for £390,000 in November 2016, which was around 45% above the average November 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2021, where the current energy rating was E, and the potential energy rating was B.

15 LUMBYS TERRACE Sold Prices

Land registry data shows two sales for 15 LUMBYS TERRACE 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 15 LUMBYS TERRACE 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
2016 4 NOV	£390,000	£268,732	45% above HPI
2014 18 JUL	£300,000	£222,440	35% above HPI

15 LUMBYS TERRACE 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 15 LUMBYS TERRACE sales from July 2014 and November 2016 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 2014 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the November 2016 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 15 LUMBYS TERRACE be worth now?

15 LUMBYS TERRACE might now be worth an estimated £529,215.

This is based on house price inflation of 35.7%, between November 2016 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 35.7% inflationary increase is applied to the most recent sale price for 15 LUMBYS TERRACE of £390,000 on 4th November 2016. For the value to have increased from £390,000 to £529,215 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 15 LUMBYS TERRACE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The November 2016 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 15 LUMBYS TERRACE has not materially changed since November 2016.

How Large is 15 LUMBYS TERRACE?

15 LUMBYS TERRACE is 69m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% 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 15 LUMBYS TERRACE lies on this distribution: 6% of detached houses houses are smaller than 15 LUMBYS TERRACE, and 94% of houses are larger. Note that EPC data is not available for all properties in Stamford.

15 LUMBYS TERRACE: Plot and Title Map

15 LUMBYS TERRACE sits on a plot of roughly 0.027 of an acre, or 108m². The below map shows the location of 15 LUMBYS TERRACE, 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 LUMBYS TERRACE). 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 LUMBYS TERRACE?

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