4, THE HERMITAGE, STAMFORD, PE9 2RF - £720,000

4 THE HERMITAGE is a very large extended detached house of 172m², built sometime between 1991 and 1995. It was last sold for £720,000 in October 2021, which was around 111% above the average October 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was C.

4 THE HERMITAGE Sold Prices

Land registry data shows two sales for 4 THE HERMITAGE 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 4 THE HERMITAGE 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 22 OCT	£720,000	£341,775	111% above HPI
1997 19 SEP	£210,000	£80,021	162% above HPI

4 THE HERMITAGE 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 4 THE HERMITAGE sales from September 1997 and October 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 September 1997 sale was for 162% above the HPI. So the extrapolation line tracks at 162% above the HPI over time, until the October 2021 sale, where it falls to 111% above the HPI. The line then continues to track at 111% above the HPI.

How Large is 4 THE HERMITAGE?

4 THE HERMITAGE is 172m², which includes one extension, according to the EPC inspection conducted in February 2021. This puts it in the largest 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 4 THE HERMITAGE lies on this distribution: 85% of detached houses are smaller than 4 THE HERMITAGE, and 15% of houses are larger. Note that EPC data is not available for all properties in Stamford.

4 THE HERMITAGE: Plot and Title Map

4 THE HERMITAGE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 4 THE HERMITAGE, 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 4 THE HERMITAGE). 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 4 THE HERMITAGE?

4 THE HERMITAGE is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 4 on THE HERMITAGE.