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

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.

7 FALKIRK CLOSE is a small extended detached house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £307,050. It was last sold for £174,500 in October 2009, which was around 16% 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	£207,240	16% below HPI
1999 7 JUL	£59,950	£89,445	33% 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 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the October 2009 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 7 FALKIRK CLOSE be worth now?

7 FALKIRK CLOSE might now be worth an estimated £307,050.

This is based on house price inflation of 76%, between October 2009 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 76% inflationary increase is applied to the most recent sale price for 7 FALKIRK CLOSE of £174,500 on 16th October 2009. For the value to have increased from £174,500 to £307,050 over the sixteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 7 FALKIRK CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The October 2009 sale price of £174,500 represented a fair market value for the property.
• The size, condition, and specification of 7 FALKIRK CLOSE has not materially changed since October 2009.

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 houses in Stamford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stamford, and where 7 FALKIRK CLOSE lies on this distribution: 38% of detached houses 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.