2, ARMLEY GROVE, STAMFORD, PE9 1DR - £400,000

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.

2 ARMLEY GROVE is a midsized extended detached house of 119m², built sometime between 1991 and 1995, which could now be worth an estimated £426,634. It was last sold for £400,000 in December 2021, which was around 16% above the average December 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

2 ARMLEY GROVE Sold Prices

Land registry data shows three sales for 2 ARMLEY GROVE 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 2 ARMLEY GROVE 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
2021 15 DEC	£400,000	£343,649	16% above HPI
2019 29 MAR	£318,500	£295,292	8% above HPI
2011 7 JAN	£201,000	£208,695	4% below HPI

2 ARMLEY GROVE 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 2 ARMLEY GROVE sales between January 2011 and December 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 March 2019 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2021 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 2 ARMLEY GROVE be worth now?

2 ARMLEY GROVE might now be worth an estimated £426,634.

This is based on house price inflation of 6.7%, between December 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 6.7% inflationary increase is applied to the most recent sale price for 2 ARMLEY GROVE of £400,000 on 15th December 2021. For the value to have increased from £400,000 to £426,634 over the four years and nine months to March 2025, the following assumptions must hold true:

• The value of 2 ARMLEY GROVE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The December 2021 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ARMLEY GROVE has not materially changed since December 2021.

How Large is 2 ARMLEY GROVE?

2 ARMLEY GROVE is 119m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 50% 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 2 ARMLEY GROVE lies on this distribution: 51% of detached houses houses are smaller than 2 ARMLEY GROVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Stamford.

2 ARMLEY GROVE: Plot and Title Map

2 ARMLEY GROVE sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 2 ARMLEY GROVE, 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 2 ARMLEY GROVE). 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 2 ARMLEY GROVE?

2 ARMLEY GROVE is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 2 on ARMLEY GROVE.