6, RAVEL CLOSE, STAMFORD, PE9 1EZ - £340,000

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

6 RAVEL CLOSE is a midsized detached house of 126m², built sometime between 2003 and 2006. It was last sold for £340,000 in June 2017, which was around 20% above the average June 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

6 RAVEL CLOSE Sold Prices

Land registry data shows two sales for 6 RAVEL 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. Both of the two 6 RAVEL CLOSE 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
2017 9 JUN	£340,000	£282,729	20% above HPI
2004 20 FEB	£224,950	£187,515	20% above HPI

6 RAVEL 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 RAVEL CLOSE sales from February 2004 and June 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 February 2004 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the June 2017 sale, which was also at 20% above the HPI.

How Large is 6 RAVEL CLOSE?

6 RAVEL CLOSE is 126m² according to the EPC inspection conducted in February 2017. This puts it in the largest 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 6 RAVEL CLOSE lies on this distribution: 58% of detached houses are smaller than 6 RAVEL CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Stamford.

6 RAVEL CLOSE: Plot and Title Map

6 RAVEL CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 6 RAVEL 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 RAVEL 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 RAVEL CLOSE?

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