48, GRESLEY DRIVE, STAMFORD, PE9 2ZB - £597,500

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.

48 GRESLEY DRIVE is a large extended terraced house of 150m², built sometime between 1996 and 2002, which could now be worth an estimated £603,893. It was last sold for £597,500 in January 2023, which was around 215% above the average January 2023 terraced price in the South Kesteven local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

48 GRESLEY DRIVE Sold Prices

Land registry data shows four sales for 48 GRESLEY DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the South Kesteven local authority area for the corresponding sale date. All of the four 48 GRESLEY DRIVE 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
2023 20 JAN	£597,500	£189,812	215% above HPI
2021 23 FEB	£440,000	£164,472	168% above HPI
2008 20 AUG	£305,000	£121,686	151% above HPI
1998 8 MAY	£149,950	£38,044	294% above HPI

48 GRESLEY DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Kesteven local authority area over time, sourced from the HPI. The four 48 GRESLEY DRIVE sales between May 1998 and January 2023 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 February 2021 sale was for 168% above the HPI. So the extrapolation line tracks at 168% above the HPI over time, until the January 2023 sale, where it rises to 215% above the HPI. The line then continues to track at 215% above the HPI.

What might 48 GRESLEY DRIVE be worth now?

48 GRESLEY DRIVE might now be worth an estimated £603,893.

This is based on house price inflation of 1.1%, between January 2023 and August 2025, for terraced 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 1.1% inflationary increase is applied to the most recent sale price for 48 GRESLEY DRIVE of £597,500 on 20th January 2023. For the value to have increased from £597,500 to £603,893 over the one year and five months to August 2025, the following assumptions must hold true:

• The value of 48 GRESLEY DRIVE has moved in line with the HPI for terraced houses in the South Kesteven local authority area.
• The January 2023 sale price of £597,500 represented a fair market value for the property.
• The size, condition, and specification of 48 GRESLEY DRIVE has not materially changed since January 2023.

How Large is 48 GRESLEY DRIVE?

48 GRESLEY DRIVE is 150m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the largest 30% of terraced houses houses in Stamford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Stamford, and where 48 GRESLEY DRIVE lies on this distribution: 75% of terraced houses houses are smaller than 48 GRESLEY DRIVE, and 25% of houses are larger. Note that EPC data is not available for all properties in Stamford.

48 GRESLEY DRIVE: Plot and Title Map

48 GRESLEY DRIVE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 48 GRESLEY DRIVE, 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 48 GRESLEY DRIVE). 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 48 GRESLEY DRIVE?

48 GRESLEY DRIVE is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 48 on GRESLEY DRIVE.