2, LAMBERT MEWS, STAMFORD, PE9 2GL - £400,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

2 LAMBERT MEWS is a small extended detached house of 92m², built sometime between 1983 and 1990. It was last sold for £400,000 in June 2022, which was around 9% above the average June 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

2 LAMBERT MEWS Sold Prices

Land registry data shows three sales for 2 LAMBERT MEWS 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. All of the three 2 LAMBERT MEWS 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
2022 8 JUN	£400,000	£367,589	9% above HPI
1999 5 FEB	£95,000	£90,085	5% above HPI
1996 3 MAY	£70,000	£69,294	1% above HPI

2 LAMBERT MEWS 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 LAMBERT MEWS sales between May 1996 and June 2022 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 February 1999 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the June 2022 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 2 LAMBERT MEWS?

2 LAMBERT MEWS is 92m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the smallest 30% of detached houses in Stamford, based on EPC data. The below chart shows the distribution of detached houses by size in Stamford, and where 2 LAMBERT MEWS lies on this distribution: 25% of detached houses are smaller than 2 LAMBERT MEWS, and 74% of houses are larger. Note that EPC data is not available for all properties in Stamford.

2 LAMBERT MEWS: Plot and Title Map

2 LAMBERT MEWS sits on a plot of roughly 0.028 of an acre, or 114m². The below map shows the location of 2 LAMBERT MEWS, 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 LAMBERT MEWS). 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 LAMBERT MEWS?

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