7, FALKIRK CLOSE, STAMFORD, PE9 2TU - £174,500

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 FALKIRK CLOSE is a small extended detached house of 105m², built sometime between 1967 and 1975. It was last sold for £174,500 in October 2009, which was around 17% below the average October 2009 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

7 FALKIRK CLOSE Sold Prices

Land registry data shows two sales for 7 FALKIRK 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 7 FALKIRK CLOSE 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
2009 16 OCT	£174,500	£210,709	17% below HPI
1999 7 JUL	£59,950	£90,942	34% below HPI

7 FALKIRK 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 7 FALKIRK CLOSE sales from July 1999 and October 2009 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 July 1999 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the October 2009 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 7 FALKIRK CLOSE?

7 FALKIRK CLOSE is 105m², which includes three extensions, according to the EPC inspection conducted in February 2021. 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 7 FALKIRK CLOSE lies on this distribution: 38% of detached houses are smaller than 7 FALKIRK CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Stamford.

7 FALKIRK CLOSE: Plot and Title Map

7 FALKIRK CLOSE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 7 FALKIRK 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 FALKIRK 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 7 FALKIRK CLOSE?

7 FALKIRK CLOSE is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 7 on FALKIRK CLOSE.