7, FARRIERS WAY, CARLBY, STAMFORD, PE9 4NG - £348,500

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.

7 FARRIERS WAY is a large detached house of 162m², built sometime between 1996 and 2002, which could now be worth an estimated £479,501. It was last sold for £348,500 in December 2016, which was around 30% above the average December 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

7 FARRIERS WAY Sold Prices

Land registry data shows two sales for 7 FARRIERS 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 7 FARRIERS 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
2016 9 DEC	£348,500	£267,782	30% above HPI
1996 12 APR	£133,000	£67,108	98% above HPI

7 FARRIERS 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 7 FARRIERS WAY sales from April 1996 and December 2016 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 April 1996 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the December 2016 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 7 FARRIERS WAY be worth now?

7 FARRIERS WAY might now be worth an estimated £479,501.

This is based on house price inflation of 37.6%, between December 2016 and June 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 37.6% inflationary increase is applied to the most recent sale price for 7 FARRIERS WAY of £348,500 on 9th December 2016. For the value to have increased from £348,500 to £479,501 over the nine years and six months to June 2025, the following assumptions must hold true:

• The value of 7 FARRIERS WAY has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The December 2016 sale price of £348,500 represented a fair market value for the property.
• The size, condition, and specification of 7 FARRIERS WAY has not materially changed since December 2016.

How Large is 7 FARRIERS WAY?

7 FARRIERS WAY is 162m² according to the EPC inspection conducted in June 2014. This puts it in the largest 40% of detached houses houses in Carlby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Carlby, and where 7 FARRIERS WAY lies on this distribution: 64% of detached houses houses are smaller than 7 FARRIERS WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Carlby.

7 FARRIERS WAY: Plot and Title Map

7 FARRIERS WAY sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of 7 FARRIERS 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 7 FARRIERS 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 7 FARRIERS WAY?

7 FARRIERS WAY is located in CARLBY, in the PE9 postcode district. The below map shows the position of No. 7 on FARRIERS WAY.