61, BANKS CRESCENT, STAMFORD, PE9 1FF - £350,000

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

61 BANKS CRESCENT is a small extended detached house of 98m², built sometime from 2007 onwards. It was last sold for £350,000 in August 2020, which was around 14% above the average August 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

61 BANKS CRESCENT Sold Prices

Land registry data shows two sales for 61 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 61 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
2020 21 AUG	£350,000	£306,658	14% above HPI
2011 31 MAR	£249,995	£210,204	19% above HPI

61 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 61 BANKS CRESCENT sales from March 2011 and August 2020 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 2011 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2020 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 61 BANKS CRESCENT?

61 BANKS CRESCENT is 98m², which includes one extension, according to the EPC inspection conducted in September 2014. 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 61 BANKS CRESCENT lies on this distribution: 31% of detached houses are smaller than 61 BANKS CRESCENT, and 68% of houses are larger. Note that EPC data is not available for all properties in Stamford.

61 BANKS CRESCENT: Plot and Title Map

61 BANKS CRESCENT sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 61 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 61 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 61 BANKS CRESCENT?

61 BANKS CRESCENT is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 61 on BANKS CRESCENT.