6, OBAN CLOSE, STAMFORD, PE9 2TT - £240,000

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.

6 OBAN CLOSE is a large extended detached house of 135m², built sometime between 1976 and 1982, which could now be worth an estimated £374,219. It was last sold for £240,000 in November 2014, which was around 3% above the average November 2014 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

6 OBAN CLOSE Sold Prices

Land registry data shows two sales for 6 OBAN CLOSE 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. One of the two 6 OBAN CLOSE sales was for above the average price, whilst the other was 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
2014 27 NOV	£240,000	£233,869	3% above HPI
2005 24 AUG	£186,000	£210,044	11% below HPI

6 OBAN 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 two 6 OBAN CLOSE sales from August 2005 and November 2014 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 August 2005 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the November 2014 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 6 OBAN CLOSE be worth now?

6 OBAN CLOSE might now be worth an estimated £374,219.

This is based on house price inflation of 55.9%, between November 2014 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 55.9% inflationary increase is applied to the most recent sale price for 6 OBAN CLOSE of £240,000 on 27th November 2014. For the value to have increased from £240,000 to £374,219 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 6 OBAN CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The November 2014 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 6 OBAN CLOSE has not materially changed since November 2014.

How Large is 6 OBAN CLOSE?

6 OBAN CLOSE is 135m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the largest 40% 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 6 OBAN CLOSE lies on this distribution: 65% of detached houses houses are smaller than 6 OBAN CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Stamford.

6 OBAN CLOSE: Plot and Title Map

6 OBAN CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 6 OBAN 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 6 OBAN 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 6 OBAN CLOSE?

6 OBAN CLOSE is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 6 on OBAN CLOSE.