8, CHESTNUT GARDENS, STAMFORD, PE9 2JY - £196,000

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

8 CHESTNUT GARDENS is a very small extended semi-detached house of 58m², built sometime between 1967 and 1975. It was last sold for £196,000 in September 2021, which was around 41% below the average September 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

8 CHESTNUT GARDENS Sold Prices

Land registry data shows four sales for 8 CHESTNUT GARDENS 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 8 CHESTNUT GARDENS 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
2021 29 SEP	£196,000	£329,642	41% below HPI
2016 15 JUL	£174,950	£266,742	34% below HPI
2003 5 SEP	£109,950	£184,697	40% below HPI
1999 29 OCT	£53,500	£95,784	44% below HPI

8 CHESTNUT GARDENS 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 8 CHESTNUT GARDENS sales between October 1999 and September 2021 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 2016 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the September 2021 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 8 CHESTNUT GARDENS?

8 CHESTNUT GARDENS is 58m², which includes one extension, according to the EPC inspection conducted in December 2020. 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 8 CHESTNUT GARDENS lies on this distribution: 3% of detached houses are smaller than 8 CHESTNUT GARDENS, and 97% of houses are larger. Note that EPC data is not available for all properties in Stamford.

8 CHESTNUT GARDENS: Plot and Title Map

8 CHESTNUT GARDENS sits on a plot of roughly 0.043 of an acre, or 176m². The below map shows the location of 8 CHESTNUT GARDENS, 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 8 CHESTNUT GARDENS). 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 8 CHESTNUT GARDENS?

8 CHESTNUT GARDENS is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 8 on CHESTNUT GARDENS.