11, GRESLEY DRIVE, STAMFORD, PE9 2ZA - £267,500

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.

11 GRESLEY DRIVE is a very small terraced house of 67m², built sometime between 1996 and 2002, which could now be worth an estimated £361,351. It was last sold for £267,500 in November 2017, which was around 88% above the average November 2017 terraced price in the South Kesteven local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

11 GRESLEY DRIVE Sold Prices

Land registry data shows two sales for 11 GRESLEY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the South Kesteven local authority area for the corresponding sale date. Both of the two 11 GRESLEY DRIVE sales were for above 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
2017 7 NOV	£267,500	£142,345	88% above HPI
2004 3 AUG	£181,000	£101,640	78% above HPI

11 GRESLEY DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Kesteven local authority area over time, sourced from the HPI. The two 11 GRESLEY DRIVE sales from August 2004 and November 2017 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 August 2004 sale was for 78% above the HPI. So the extrapolation line tracks at 78% above the HPI over time, until the November 2017 sale, where it rises to 88% above the HPI. The line then continues to track at 88% above the HPI.

What might 11 GRESLEY DRIVE be worth now?

11 GRESLEY DRIVE might now be worth an estimated £361,351.

This is based on house price inflation of 35.1%, between November 2017 and April 2026, for terraced 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 35.1% inflationary increase is applied to the most recent sale price for 11 GRESLEY DRIVE of £267,500 on 7th November 2017. For the value to have increased from £267,500 to £361,351 over the nine years and seven months to April 2026, the following assumptions must hold true:

• The value of 11 GRESLEY DRIVE has moved in line with the HPI for terraced houses in the South Kesteven local authority area.
• The November 2017 sale price of £267,500 represented a fair market value for the property.
• The size, condition, and specification of 11 GRESLEY DRIVE has not materially changed since November 2017.

How Large is 11 GRESLEY DRIVE?

11 GRESLEY DRIVE is 67m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 10% of terraced houses houses in Stamford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Stamford, and where 11 GRESLEY DRIVE lies on this distribution: 4% of terraced houses houses are smaller than 11 GRESLEY DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Stamford.

11 GRESLEY DRIVE: Plot and Title Map

11 GRESLEY DRIVE sits on a plot of roughly 0.028 of an acre, or 115m². The below map shows the location of 11 GRESLEY DRIVE, 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 11 GRESLEY DRIVE). 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 11 GRESLEY DRIVE?

11 GRESLEY DRIVE is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 11 on GRESLEY DRIVE.