7, GRESLEY DRIVE, STAMFORD, PE9 2ZA - £335,000

7 GRESLEY DRIVE is a very small detached house of 64m², built sometime between 1983 and 1990. It was last sold for £335,000 in September 2023, which was around 14% below the average September 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

7 GRESLEY DRIVE Sold Prices

Land registry data shows four sales for 7 GRESLEY DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 7 GRESLEY DRIVE 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
2023 15 SEP	£335,000	£387,650	14% below HPI
2021 16 SEP	£280,000	£329,642	15% below HPI
2007 23 FEB	£199,950	£228,746	13% below HPI
2000 11 AUG	£104,950	£107,259	2% below HPI

7 GRESLEY DRIVE 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 four 7 GRESLEY DRIVE sales between August 2000 and September 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 September 2021 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 7 GRESLEY DRIVE?

7 GRESLEY DRIVE is 64m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of detached houses in Stamford, based on EPC data. The below chart shows the distribution of detached houses by size in Stamford, and where 7 GRESLEY DRIVE lies on this distribution: 4% of detached houses are smaller than 7 GRESLEY DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Stamford.

7 GRESLEY DRIVE: Plot and Title Map

7 GRESLEY DRIVE sits on a plot of roughly 0.040 of an acre, or 160m². The below map shows the location of 7 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 7 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 7 GRESLEY DRIVE?

7 GRESLEY DRIVE is located in STAMFORD, in the PE9 postcode district. The below map shows the position of No. 7 on GRESLEY DRIVE.