38, NEW CROSS ROAD, STAMFORD, PE9 1AL - £217,777

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.

38 NEW CROSS ROAD is a small extended semi-detached house of 94m², built sometime between 1930 and 1949, which could now be worth an estimated £253,429. It was last sold for £217,777 in June 2021, which was around 6% above the average June 2021 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

38 NEW CROSS ROAD Sold Prices

Land registry data shows three sales for 38 NEW CROSS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. One of the three 38 NEW CROSS ROAD sales was for above the average price, whilst two 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 21 JUN	£217,777	£205,048	6% above HPI
2016 31 OCT	£156,000	£168,173	7% below HPI
2006 9 JUN	£137,000	£141,334	3% below HPI

38 NEW CROSS ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 38 NEW CROSS ROAD sales between June 2006 and June 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 October 2016 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2021 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 38 NEW CROSS ROAD be worth now?

38 NEW CROSS ROAD might now be worth an estimated £253,429.

This is based on house price inflation of 16.4%, between June 2021 and March 2025, for semi-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 16.4% inflationary increase is applied to the most recent sale price for 38 NEW CROSS ROAD of £217,777 on 21st June 2021. For the value to have increased from £217,777 to £253,429 over the four years and three months to March 2025, the following assumptions must hold true:

• The value of 38 NEW CROSS ROAD has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The June 2021 sale price of £217,777 represented a fair market value for the property.
• The size, condition, and specification of 38 NEW CROSS ROAD has not materially changed since June 2021.

How Large is 38 NEW CROSS ROAD?

38 NEW CROSS ROAD is 94m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 30% of semi-detached houses houses in Stamford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stamford, and where 38 NEW CROSS ROAD lies on this distribution: 27% of semi-detached houses houses are smaller than 38 NEW CROSS ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Stamford.

38 NEW CROSS ROAD: Plot and Title Map

38 NEW CROSS ROAD sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 38 NEW CROSS 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 38 NEW CROSS 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.

Where is 38 NEW CROSS ROAD?

38 NEW CROSS ROAD is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 38 on NEW CROSS ROAD.