3, THE MALTINGS, STAMFORD, PE9 2NP - £347,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 THE MALTINGS is a large detached house of 133m², built sometime between 1996 and 2002, which could now be worth an estimated £360,367. It was last sold for £347,000 in March 2022, which was around 2% below the average March 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

3 THE MALTINGS Sold Prices

Land registry data shows three sales for 3 THE MALTINGS 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. One of the three 3 THE MALTINGS sales was for below the average price, whilst two 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 22 MAR	£347,000	£352,935	2% below HPI
2004 28 OCT	£285,000	£207,044	38% above HPI
2002 18 FEB	£172,000	£125,214	37% above HPI

3 THE MALTINGS 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 3 THE MALTINGS sales between February 2002 and March 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 October 2004 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the March 2022 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 3 THE MALTINGS be worth now?

3 THE MALTINGS might now be worth an estimated £360,367.

This is based on house price inflation of 3.9%, between March 2022 and March 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.9% inflationary increase is applied to the most recent sale price for 3 THE MALTINGS of £347,000 on 22nd March 2022. For the value to have increased from £347,000 to £360,367 over the three years to March 2025, the following assumptions must hold true:

• The value of 3 THE MALTINGS has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The March 2022 sale price of £347,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE MALTINGS has not materially changed since March 2022.

How Large is 3 THE MALTINGS?

3 THE MALTINGS is 133m² according to the EPC inspection conducted in October 2018. This puts it in the largest 40% of detached houses houses in Stamford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stamford, and where 3 THE MALTINGS lies on this distribution: 63% of detached houses houses are smaller than 3 THE MALTINGS, and 37% of houses are larger. Note that EPC data is not available for all properties in Stamford.

3 THE MALTINGS: Plot and Title Map

3 THE MALTINGS sits on a plot of roughly 0.016 of an acre, or 65m². The below map shows the location of 3 THE MALTINGS, 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 3 THE MALTINGS). 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 3 THE MALTINGS?

3 THE MALTINGS is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 3 on THE MALTINGS.