38, PRIMROSE WAY, STAMFORD, PE9 4BU - £275,000

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

38 PRIMROSE WAY is a very small detached house of 85m², built sometime between 1996 and 2002. It was last sold for £275,000 in October 2019, which was around 11% below the average October 2019 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.

38 PRIMROSE WAY Sold Prices

Land registry data shows four sales for 38 PRIMROSE WAY since 1^st 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. All of the four 38 PRIMROSE WAY 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
2019 1 OCT	£275,000	£310,208	11% below HPI
2006 25 AUG	£200,000	£230,592	13% below HPI
2000 3 MAR	£89,000	£95,194	7% below HPI
1997 12 JUN	£75,950	£77,214	2% below HPI

38 PRIMROSE WAY 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 four 38 PRIMROSE WAY sales between June 1997 and October 2019 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 August 2006 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2019 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 38 PRIMROSE WAY?

38 PRIMROSE WAY is 85m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% of detached houses in Stamford, based on EPC data. The below chart shows the distribution of detached houses by size in Stamford, and where 38 PRIMROSE WAY lies on this distribution: 18% of detached houses are smaller than 38 PRIMROSE WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Stamford.

38 PRIMROSE WAY: Plot and Title Map

38 PRIMROSE WAY sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 38 PRIMROSE WAY, 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 PRIMROSE WAY). 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 PRIMROSE WAY?

38 PRIMROSE WAY is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 38 on PRIMROSE WAY.