16, TATUM CLOSE, STAMFORD, PE9 2WQ - £500,000

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.

16 TATUM CLOSE is a very large detached house of 163m², which could now be worth an estimated £565,992. It was last sold for £500,000 in March 2021, which was around 54% above the average March 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2016, where the current energy rating was B, and the potential energy rating was A.

16 TATUM CLOSE Sold Prices

Land registry data shows three sales for 16 TATUM 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 16 TATUM 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 19 MAR	£500,000	£323,795	54% above HPI
2020 23 NOV	£412,000	£307,542	34% above HPI
2016 14 NOV	£412,000	£268,732	53% above HPI

16 TATUM 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 16 TATUM CLOSE sales between November 2016 and March 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 November 2020 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the March 2021 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 16 TATUM CLOSE be worth now?

16 TATUM CLOSE might now be worth an estimated £565,992.

This is based on house price inflation of 13.2%, between March 2021 and March 2025, for 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 13.2% inflationary increase is applied to the most recent sale price for 16 TATUM CLOSE of £500,000 on 19th March 2021. For the value to have increased from £500,000 to £565,992 over the four years to March 2025, the following assumptions must hold true:

• The value of 16 TATUM CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The March 2021 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 16 TATUM CLOSE has not materially changed since March 2021.

How Large is 16 TATUM CLOSE?

16 TATUM CLOSE is 163m² according to the EPC inspection conducted in April 2016. This puts it in the largest 20% of detached houses houses in Stamford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stamford, and where 16 TATUM CLOSE lies on this distribution: 80% of detached houses houses are smaller than 16 TATUM CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Stamford.

16 TATUM CLOSE: Plot and Title Map

16 TATUM CLOSE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 16 TATUM 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 16 TATUM 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 16 TATUM CLOSE?

16 TATUM CLOSE is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 16 on TATUM CLOSE.