3, KIPLING CLOSE, STAMFORD, PE9 2GT - £245,000

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.

3 KIPLING CLOSE is a detached house, which could now be worth an estimated £383,618. It was last sold for £245,000 in May 2007, which was around 5% above the average May 2007 detached price in the South Kesteven local authority area.

3 KIPLING CLOSE Sold Prices

Land registry data shows three sales for 3 KIPLING CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Two of the three 3 KIPLING CLOSE sales were for above the average price, whilst one was 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
2007 29 MAY	£245,000	£234,030	5% above HPI
2004 10 DEC	£199,950	£213,535	6% below HPI
1995 2 MAY	£77,000	£68,113	13% above HPI

What might 3 KIPLING CLOSE be worth now?

3 KIPLING CLOSE might now be worth an estimated £383,618.

This is based on house price inflation of 56.6%, between May 2007 and May 2026, 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 56.6% inflationary increase is applied to the most recent sale price for 3 KIPLING CLOSE of £245,000 on 29th May 2007. For the value to have increased from £245,000 to £383,618 over the nineteen years to May 2026, the following assumptions must hold true:

• The value of 3 KIPLING CLOSE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The May 2007 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 3 KIPLING CLOSE has not materially changed since May 2007.

Where is 3 KIPLING CLOSE?

3 KIPLING CLOSE is located in STAMFORD, in the PE9 postcode district.