14, FALKIRK CLOSE, STAMFORD, PE9 2TU - £275,000

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.

14 FALKIRK CLOSE is a very small extended semi-detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £317,562. It was last sold for £275,000 in February 2021, which was around 34% above the average February 2021 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

14 FALKIRK CLOSE Sold Prices

Land registry data shows five sales for 14 FALKIRK CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. All of the five 14 FALKIRK CLOSE 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
2021 8 FEB	£275,000	£204,592	34% above HPI
2003 10 MAR	£109,950	£98,784	11% above HPI
1999 17 SEP	£67,500	£55,446	22% above HPI
1997 30 JAN	£50,000	£44,458	12% above HPI
1995 1 DEC	£50,500	£42,735	18% above HPI

14 FALKIRK CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Kesteven local authority area over time, sourced from the HPI. The five 14 FALKIRK CLOSE sales between December 1995 and February 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 March 2003 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the February 2021 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 14 FALKIRK CLOSE be worth now?

14 FALKIRK CLOSE might now be worth an estimated £317,562.

This is based on house price inflation of 15.5%, between February 2021 and February 2025, for semi-detached 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 15.5% inflationary increase is applied to the most recent sale price for 14 FALKIRK CLOSE of £275,000 on 8th February 2021. For the value to have increased from £275,000 to £317,562 over the four years to February 2025, the following assumptions must hold true:

• The value of 14 FALKIRK CLOSE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The February 2021 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 14 FALKIRK CLOSE has not materially changed since February 2021.

How Large is 14 FALKIRK CLOSE?

14 FALKIRK CLOSE is 70m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 10% of semi-detached houses houses in Stamford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stamford, and where 14 FALKIRK CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 14 FALKIRK CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Stamford.

14 FALKIRK CLOSE: Plot and Title Map

14 FALKIRK CLOSE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 14 FALKIRK 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 14 FALKIRK 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 14 FALKIRK CLOSE?

14 FALKIRK CLOSE is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 14 on FALKIRK CLOSE.