4, LAVENDER WAY, STAMFORD, PE9 4BT - £255,000

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.

4 LAVENDER WAY is a very small detached house of 76m², built sometime between 1983 and 1990, which could now be worth an estimated £319,593. It was last sold for £255,000 in May 2018, which was around 12% below the average May 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was B.

4 LAVENDER WAY Sold Prices

Land registry data shows four sales for 4 LAVENDER 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 4 LAVENDER 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
2018 31 MAY	£255,000	£290,958	12% below HPI
2006 17 NOV	£167,500	£228,223	27% below HPI
1999 26 NOV	£77,500	£94,052	18% below HPI
1995 17 MAR	£57,500	£68,514	16% below HPI

4 LAVENDER 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 4 LAVENDER WAY sales between March 1995 and May 2018 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 November 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2018 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 4 LAVENDER WAY be worth now?

4 LAVENDER WAY might now be worth an estimated £319,593.

This is based on house price inflation of 25.3%, between May 2018 and February 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 25.3% inflationary increase is applied to the most recent sale price for 4 LAVENDER WAY of £255,000 on 31st May 2018. For the value to have increased from £255,000 to £319,593 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 4 LAVENDER WAY has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The May 2018 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LAVENDER WAY has not materially changed since May 2018.

How Large is 4 LAVENDER WAY?

4 LAVENDER WAY is 76m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% 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 4 LAVENDER WAY lies on this distribution: 10% of detached houses houses are smaller than 4 LAVENDER WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Stamford.

4 LAVENDER WAY: Plot and Title Map

4 LAVENDER WAY sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 4 LAVENDER 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 4 LAVENDER 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 4 LAVENDER WAY?

4 LAVENDER WAY is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 4 on LAVENDER WAY.