40, BANKS CRESCENT, STAMFORD, PE9 1FJ - £368,000

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

40 BANKS CRESCENT is a midsized extended detached house of 116m², built sometime between 2007 and 2011. It was last sold for £368,000 in March 2021, which was around 12% above the average March 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

40 BANKS CRESCENT Sold Prices

Land registry data shows two sales for 40 BANKS CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 40 BANKS CRESCENT sales 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
2021 4 MAR	£368,000	£329,215	12% above HPI
2012 11 JUN	£286,495	£214,152	34% above HPI

40 BANKS CRESCENT 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 two 40 BANKS CRESCENT sales from June 2012 and March 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 June 2012 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the March 2021 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 40 BANKS CRESCENT?

40 BANKS CRESCENT is 116m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 50% of detached houses in Stamford, based on EPC data. The below chart shows the distribution of detached houses by size in Stamford, and where 40 BANKS CRESCENT lies on this distribution: 48% of detached houses are smaller than 40 BANKS CRESCENT, and 51% of houses are larger. Note that EPC data is not available for all properties in Stamford.

40 BANKS CRESCENT: Plot and Title Map

40 BANKS CRESCENT sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 40 BANKS CRESCENT, 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 40 BANKS CRESCENT). 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 40 BANKS CRESCENT?

40 BANKS CRESCENT is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 40 on BANKS CRESCENT.