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
2 STOWE ROAD is a very large extended detached house of 206m², built sometime between 1950 and 1966. It was last sold for £298,000 in August 2012, which was around 36% above the average August 2012 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 2 STOWE ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. two of the four 2 STOWE ROAD sales were for above the average price, and four 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 |
---|---|---|---|
2012 23 AUG | £298,000 | £218,720 | 36% above HPI |
2005 5 JAN | £105,000 | £210,110 | 50% below HPI |
2003 6 JUN | £300,000 | £176,883 | 70% above HPI |
2001 5 JUL | £95,000 | £120,395 | 21% below HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four 2 STOWE ROAD sales between July 2001 and August 2012 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 January 2005 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the August 2012 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.
2 STOWE ROAD is 206m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 10% of detached houses in Langtoft, based on EPC data. The below chart shows the distribution of detached houses by size in Langtoft, and where 2 STOWE ROAD lies on this distribution: 89% of detached houses are smaller than 2 STOWE ROAD, and 10% of houses are larger. Note that EPC data is not available for all properties in Langtoft.
2 STOWE ROAD sits on a plot of roughly 0.221 of an acre, or 896m². The below map shows the location of 2 STOWE ROAD, 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 STOWE ROAD). 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.
2 STOWE ROAD is located in LANGTOFT, in the PE6 postcode district. The below map shows the position of No. 2 on STOWE ROAD.