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
7 CORNFLOWER CLOSE is a small detached house of 96m², built sometime between 1996 and 2002. It was last sold for £325,000 in January 2023, which was around 15% below the average January 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 7 CORNFLOWER CLOSE since 1st 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. Two of the three 7 CORNFLOWER CLOSE sales were for below the average price, whilst one was 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 |
---|---|---|---|
2023 11 JAN | £325,000 | £380,226 | 15% below HPI |
2000 17 FEB | £250,000 | £93,600 | 167% above HPI |
1997 4 DEC | £79,950 | £83,390 | 4% below HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 7 CORNFLOWER CLOSE sales between December 1997 and January 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 February 2000 sale was for 167% above the HPI. So the extrapolation line tracks at 167% above the HPI over time, until the January 2023 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.
7 CORNFLOWER CLOSE is 96m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 30% of detached houses in Stamford, based on EPC data. The below chart shows the distribution of detached houses by size in Stamford, and where 7 CORNFLOWER CLOSE lies on this distribution: 29% of detached houses are smaller than 7 CORNFLOWER CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Stamford.
7 CORNFLOWER CLOSE sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 7 CORNFLOWER 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 7 CORNFLOWER 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.
7 CORNFLOWER CLOSE is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 7 on CORNFLOWER CLOSE.