3, HIGHLANDS WAY, STAMFORD, PE9 2XJ - £320,500

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.

3 HIGHLANDS WAY is a very small extended detached house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £471,925. It was last sold for £320,500 in August 2015, which was around 29% above the average August 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was B.

3 HIGHLANDS WAY Sold Prices

Land registry data shows two sales for 3 HIGHLANDS WAY 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 3 HIGHLANDS WAY 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
2015 19 AUG	£320,500	£247,652	29% above HPI
2014 1 DEC	£250,000	£229,801	9% above HPI

3 HIGHLANDS WAY 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 3 HIGHLANDS WAY sales from December 2014 and August 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 December 2014 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2015 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 3 HIGHLANDS WAY be worth now?

3 HIGHLANDS WAY might now be worth an estimated £471,925.

This is based on house price inflation of 47.2%, between August 2015 and February 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 47.2% inflationary increase is applied to the most recent sale price for 3 HIGHLANDS WAY of £320,500 on 19th August 2015. For the value to have increased from £320,500 to £471,925 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 3 HIGHLANDS WAY has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The August 2015 sale price of £320,500 represented a fair market value for the property.
• The size, condition, and specification of 3 HIGHLANDS WAY has not materially changed since August 2015.

How Large is 3 HIGHLANDS WAY?

3 HIGHLANDS WAY is 86m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the smallest 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 3 HIGHLANDS WAY lies on this distribution: 19% of detached houses houses are smaller than 3 HIGHLANDS WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Stamford.

3 HIGHLANDS WAY: Plot and Title Map

3 HIGHLANDS WAY sits on a plot of roughly 0.137 of an acre, or 554m². The below map shows the location of 3 HIGHLANDS WAY, 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 3 HIGHLANDS WAY). 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 3 HIGHLANDS WAY?

3 HIGHLANDS WAY is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 3 on HIGHLANDS WAY.