46, ELGAR WAY, STAMFORD, PE9 1EY - £320,000

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.

46 ELGAR WAY is a small semi-detached house of 98m², built sometime between 2003 and 2006, which could now be worth an estimated £319,762. It was last sold for £320,000 in November 2022, which was around 35% above the average November 2022 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

46 ELGAR WAY Sold Prices

Land registry data shows three sales for 46 ELGAR WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 46 ELGAR 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
2022 22 NOV	£320,000	£236,433	35% above HPI
2013 7 JUN	£185,000	£134,119	38% above HPI
2005 27 JUN	£178,950	£133,343	34% above HPI

46 ELGAR WAY 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 three 46 ELGAR WAY sales between June 2005 and November 2022 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 June 2013 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the November 2022 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 46 ELGAR WAY be worth now?

46 ELGAR WAY might now be worth an estimated £319,762.

This is based on house price deflation of 0.1%, between November 2022 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 0.1% deflationary decrease is applied to the most recent sale price for 46 ELGAR WAY of £320,000 on 22nd November 2022. For the value to have decreased from £320,000 to £319,762 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 46 ELGAR WAY has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The November 2022 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 46 ELGAR WAY has not materially changed since November 2022.

How Large is 46 ELGAR WAY?

46 ELGAR WAY is 98m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 40% 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 46 ELGAR WAY lies on this distribution: 31% of semi-detached houses houses are smaller than 46 ELGAR WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Stamford.

46 ELGAR WAY: Plot and Title Map

46 ELGAR WAY sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 46 ELGAR 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 46 ELGAR 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 46 ELGAR WAY?

46 ELGAR WAY is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 46 on ELGAR WAY.