24, BANKS CRESCENT, STAMFORD, PE9 1FJ - £310,000

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

24 BANKS CRESCENT is a small extended detached house of 98m², built sometime between 2007 and 2011. It was last sold for £310,000 in March 2021, which was around 6% below the average March 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

24 BANKS CRESCENT Sold Prices

Land registry data shows two sales for 24 BANKS CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 24 BANKS CRESCENT 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
2021 3 MAR	£310,000	£329,215	6% below HPI
2009 30 APR	£200,000	£204,433	2% below HPI

24 BANKS CRESCENT 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 two 24 BANKS CRESCENT sales from April 2009 and March 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 April 2009 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2021 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 24 BANKS CRESCENT?

24 BANKS CRESCENT is 98m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 40% of detached houses in Stamford, based on EPC data. The below chart shows the distribution of detached houses by size in Stamford, and where 24 BANKS CRESCENT lies on this distribution: 31% of detached houses are smaller than 24 BANKS CRESCENT, and 68% of houses are larger. Note that EPC data is not available for all properties in Stamford.

24 BANKS CRESCENT: Plot and Title Map

24 BANKS CRESCENT sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 24 BANKS CRESCENT, 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 24 BANKS CRESCENT). 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 24 BANKS CRESCENT?

24 BANKS CRESCENT is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 24 on BANKS CRESCENT.