5, RAVEL CLOSE, STAMFORD, PE9 1EZ - £195,000

5 RAVEL CLOSE is a very small semi-detached house of 78m², built sometime between 2003 and 2006. It was last sold for £195,000 in August 2015, which was around 23% below the average August 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

5 RAVEL CLOSE Sold Prices

Land registry data shows two sales for 5 RAVEL CLOSE 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 5 RAVEL CLOSE sales were for below 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 14 AUG	£195,000	£251,797	23% below HPI
2003 21 NOV	£174,950	£185,272	6% below HPI

5 RAVEL 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 two 5 RAVEL CLOSE sales from November 2003 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 November 2003 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2015 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 5 RAVEL CLOSE?

5 RAVEL CLOSE is 78m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 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 5 RAVEL CLOSE lies on this distribution: 12% of detached houses are smaller than 5 RAVEL CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Stamford.

5 RAVEL CLOSE: Plot and Title Map

5 RAVEL CLOSE sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 5 RAVEL 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 5 RAVEL 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 5 RAVEL CLOSE?

5 RAVEL CLOSE is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 5 on RAVEL CLOSE.