4, SORREL CLOSE, STAMFORD, PE9 2WW - £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 SORREL CLOSE is a small detached house of 96m², built sometime between 1996 and 2002, which could now be worth an estimated £332,581. It was last sold for £255,000 in July 2017, which was around 9% below the average July 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was B.

4 SORREL CLOSE Sold Prices

Land registry data shows four sales for 4 SORREL CLOSE 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. Most of the four 4 SORREL CLOSE 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
2017 3 JUL	£255,000	£279,595	9% below HPI
2017 29 JUN	£260,000	£278,075	7% below HPI
2007 23 NOV	£220,000	£242,279	9% below HPI
1998 10 JUN	£85,550	£82,075	4% above HPI

4 SORREL CLOSE 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 SORREL CLOSE sales between June 1998 and July 2017 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 June 2017 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2017 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 4 SORREL CLOSE be worth now?

4 SORREL CLOSE might now be worth an estimated £332,581.

This is based on house price inflation of 30.4%, between July 2017 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 30.4% inflationary increase is applied to the most recent sale price for 4 SORREL CLOSE of £255,000 on 3rd July 2017. For the value to have increased from £255,000 to £332,581 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 4 SORREL CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The July 2017 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SORREL CLOSE has not materially changed since July 2017.

How Large is 4 SORREL CLOSE?

4 SORREL CLOSE is 96m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 30% 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 SORREL CLOSE lies on this distribution: 29% of detached houses houses are smaller than 4 SORREL CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Stamford.

4 SORREL CLOSE: Plot and Title Map

4 SORREL CLOSE sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 4 SORREL CLOSE, 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 SORREL CLOSE). 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 SORREL CLOSE?

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