2, LUFFENHAM CLOSE, STAMFORD, PE9 2SE - £335,000

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 LUFFENHAM CLOSE is a very small extended detached house of 62m², built sometime between 1967 and 1975. It was last sold for £335,000 in June 2022, which was around 9% below the average June 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was B.

2 LUFFENHAM CLOSE Sold Prices

Land registry data shows six sales for 2 LUFFENHAM CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the six 2 LUFFENHAM CLOSE sales were 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
2022 10 JUN	£335,000	£367,589	9% below HPI
2019 17 DEC	£272,000	£303,832	10% below HPI
2013 25 SEP	£185,000	£233,859	21% below HPI
2006 9 JAN	£172,000	£213,195	19% below HPI
2002 29 NOV	£138,000	£163,069	15% below HPI
1999 15 OCT	£94,500	£95,784	1% below HPI

2 LUFFENHAM CLOSE 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 six 2 LUFFENHAM CLOSE sales between October 1999 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 December 2019 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 2 LUFFENHAM CLOSE?

2 LUFFENHAM CLOSE is 62m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the smallest 10% 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 LUFFENHAM CLOSE lies on this distribution: 4% of detached houses are smaller than 2 LUFFENHAM CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Stamford.

2 LUFFENHAM CLOSE: Plot and Title Map

2 LUFFENHAM CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 2 LUFFENHAM CLOSE, 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 LUFFENHAM CLOSE). 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 LUFFENHAM CLOSE?

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