58, WELLAND MEWS, STAMFORD, PE9 2LW - £170,000

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

58 WELLAND MEWS is a very small detached house of 54m², built sometime between 1983 and 1990. It was last sold for £170,000 in July 2019, which was around 43% below the average July 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

58 WELLAND MEWS Sold Prices

Land registry data shows three sales for 58 WELLAND MEWS 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 58 WELLAND MEWS 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 30 JUL	£170,000	£300,787	43% below HPI
2004 30 JAN	£120,000	£184,431	35% below HPI
1998 2 JUL	£56,775	£83,842	32% below HPI

58 WELLAND MEWS 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 58 WELLAND MEWS sales between July 1998 and July 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 January 2004 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2019 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 58 WELLAND MEWS?

58 WELLAND MEWS is 54m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of detached houses in Stamford, based on EPC data. The below chart shows the distribution of detached houses by size in Stamford, and where 58 WELLAND MEWS lies on this distribution: 1% of detached houses are smaller than 58 WELLAND MEWS, and 99% of houses are larger. Note that EPC data is not available for all properties in Stamford.

58 WELLAND MEWS: Plot and Title Map

58 WELLAND MEWS sits on a plot of roughly 0.014 of an acre, or 57m². The below map shows the location of 58 WELLAND MEWS, 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 58 WELLAND MEWS). 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 58 WELLAND MEWS?

58 WELLAND MEWS is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 58 on WELLAND MEWS.