43, ELGAR WAY, STAMFORD, PE9 1EY - £310,000

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

43 ELGAR WAY is a small extended semi-detached house of 98m², built sometime between 2003 and 2006. It was last sold for £310,000 in November 2023, which was around 17% below the average November 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

43 ELGAR WAY Sold Prices

Land registry data shows three sales for 43 ELGAR WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 43 ELGAR 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
2023 30 NOV	£310,000	£375,170	17% below HPI
2014 14 MAR	£200,050	£227,582	12% below HPI
2005 29 JUL	£178,950	£209,996	15% below HPI

43 ELGAR 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 three 43 ELGAR WAY sales between July 2005 and November 2023 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 March 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2023 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 43 ELGAR WAY?

43 ELGAR WAY is 98m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 40% of detached houses in Stamford, based on EPC data. The below chart shows the distribution of detached houses by size in Stamford, and where 43 ELGAR WAY lies on this distribution: 31% of detached houses are smaller than 43 ELGAR WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Stamford.

43 ELGAR WAY: Plot and Title Map

43 ELGAR WAY sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of 43 ELGAR 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 43 ELGAR 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 43 ELGAR WAY?

43 ELGAR WAY is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 43 on ELGAR WAY.