8, FANE CLOSE, STAMFORD, PE9 1HG - £262,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 FANE CLOSE is a very small extended detached house of 73m², built sometime between 1950 and 1966. It was last sold for £262,000 in March 2018, which was around 12% below the average March 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was B.

8 FANE CLOSE Sold Prices

Land registry data shows two sales for 8 FANE 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 8 FANE 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
2018 15 MAR	£262,000	£298,432	12% below HPI
1999 26 MAR	£73,000	£89,650	19% below HPI

8 FANE 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 8 FANE CLOSE sales from March 1999 and March 2018 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 1999 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2018 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 8 FANE CLOSE?

8 FANE CLOSE is 73m², which includes one extension, according to the EPC inspection conducted in July 2015. 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 FANE CLOSE lies on this distribution: 8% of detached houses are smaller than 8 FANE CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Stamford.

8 FANE CLOSE: Plot and Title Map

8 FANE CLOSE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 8 FANE 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 8 FANE 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 8 FANE CLOSE?

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