1, CRESSWELL DRIVE, COTTESMORE, OAKHAM, LE15 7DY - £189,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 CRESSWELL DRIVE is a very small semi-detached house of 72m², built sometime between 1950 and 1966. It was last sold for £189,000 in March 2017, which was around 49% below the average March 2017 detached price in the Rutland local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

1 CRESSWELL DRIVE Sold Prices

Land registry data shows five sales for 1 CRESSWELL DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the five 1 CRESSWELL 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
2017 30 MAR	£189,000	£367,945	49% below HPI
2015 3 SEP	£177,500	£345,122	49% below HPI
2006 6 NOV	£169,000	£285,887	41% below HPI
2006 17 MAR	£159,950	£276,325	42% below HPI
1999 15 OCT	£67,000	£120,078	44% below HPI

1 CRESSWELL DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rutland local authority area over time, sourced from the HPI. The five 1 CRESSWELL DRIVE sales between October 1999 and March 2017 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 2015 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the March 2017 sale, which was also at 49% below the HPI.

How Large is 1 CRESSWELL DRIVE?

1 CRESSWELL DRIVE is 72m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 10% of detached houses in Cottesmore, based on EPC data. The below chart shows the distribution of detached houses by size in Cottesmore, and where 1 CRESSWELL DRIVE lies on this distribution: 8% of detached houses are smaller than 1 CRESSWELL DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Cottesmore.

1 CRESSWELL DRIVE: Plot and Title Map

1 CRESSWELL DRIVE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 1 CRESSWELL 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 1 CRESSWELL 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 1 CRESSWELL DRIVE?

1 CRESSWELL DRIVE is located in COTTESMORE, in the LE15 postcode district. The below map shows the position of No. 1 on CRESSWELL DRIVE.