2, WOTHORPE MEWS, STAMFORD, PE9 2GA - £253,000

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 WOTHORPE MEWS is a very small detached house of 56m², built sometime between 1996 and 2002. It was last sold for £253,000 in February 2020, which was around 15% below the average February 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

2 WOTHORPE MEWS Sold Prices

Land registry data shows three sales for 2 WOTHORPE 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 WOTHORPE MEWS 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
2020 17 FEB	£253,000	£298,901	15% below HPI
1999 8 JAN	£79,000	£88,213	10% below HPI
1996 26 JAN	£60,000	£68,842	13% below HPI

2 WOTHORPE 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 WOTHORPE MEWS sales between January 1996 and February 2020 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 1999 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2020 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 2 WOTHORPE MEWS?

2 WOTHORPE MEWS is 56m² according to the EPC inspection conducted in April 2019. 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 WOTHORPE MEWS lies on this distribution: 2% of detached houses are smaller than 2 WOTHORPE MEWS, and 98% of houses are larger. Note that EPC data is not available for all properties in Stamford.

2 WOTHORPE MEWS: Plot and Title Map

2 WOTHORPE MEWS sits on a plot of roughly 0.029 of an acre, or 118m². The below map shows the location of 2 WOTHORPE 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 WOTHORPE 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 WOTHORPE MEWS?

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