71, DRIFT AVENUE, STAMFORD, PE9 1UY - £172,000

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

71 DRIFT AVENUE is a very small detached house of 55m², built sometime between 1983 and 1990. It was last sold for £172,000 in February 2020, which was around 42% below the average February 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

71 DRIFT AVENUE Sold Prices

Land registry data shows four sales for 71 DRIFT AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 71 DRIFT AVENUE 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
2020 21 FEB	£172,000	£298,901	42% below HPI
2008 7 MAR	£130,000	£236,000	45% below HPI
2003 18 JUL	£89,000	£179,990	51% below HPI
1999 21 MAY	£49,500	£89,660	45% below HPI

71 DRIFT AVENUE 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 four 71 DRIFT AVENUE sales between May 1999 and February 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 2008 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the February 2020 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 71 DRIFT AVENUE?

71 DRIFT AVENUE is 55m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 10% of detached houses in Stamford, based on EPC data. The below chart shows the distribution of detached houses by size in Stamford, and where 71 DRIFT AVENUE lies on this distribution: 1% of detached houses are smaller than 71 DRIFT AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Stamford.

71 DRIFT AVENUE: Plot and Title Map

71 DRIFT AVENUE sits on a plot of roughly 0.024 of an acre, or 98m². The below map shows the location of 71 DRIFT AVENUE, 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 71 DRIFT AVENUE). 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 71 DRIFT AVENUE?

71 DRIFT AVENUE is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 71 on DRIFT AVENUE.