9, FANE CLOSE, STAMFORD, PE9 1HG - £230,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

9 FANE CLOSE is a very small detached house of 77m², built sometime between 1950 and 1966. It was last sold for £230,000 in November 2015, which was around 11% below the average November 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

9 FANE CLOSE Sold Prices

Land registry data shows three sales for 9 FANE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 9 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
2015 27 NOV	£230,000	£258,421	11% below HPI
2005 11 FEB	£176,000	£206,575	15% below HPI
2003 15 AUG	£117,000	£180,978	35% below HPI

9 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 three 9 FANE CLOSE sales between August 2003 and November 2015 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 February 2005 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the November 2015 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 9 FANE CLOSE?

9 FANE CLOSE is 77m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses in Stamford, based on EPC data. The below chart shows the distribution of detached houses by size in Stamford, and where 9 FANE CLOSE lies on this distribution: 11% of detached houses are smaller than 9 FANE CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Stamford.

9 FANE CLOSE: Plot and Title Map

9 FANE CLOSE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 9 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 9 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 9 FANE CLOSE?

9 FANE CLOSE is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 9 on FANE CLOSE.