1, MANOR FARM LANE, ESSENDINE, STAMFORD, PE9 4LA - £280,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 MANOR FARM LANE is a small extended detached house of 102m², built sometime between 1983 and 1990. It was last sold for £280,000 in January 2018, which was around 28% below the average January 2018 detached price in the Rutland local authority area. The most recent EPC inspection was September 2017, where the current energy rating was E, and the potential energy rating was C.

1 MANOR FARM LANE Sold Prices

Land registry data shows two sales for 1 MANOR FARM LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. Both of the two 1 MANOR FARM LANE 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
2018 11 JAN	£280,000	£389,288	28% below HPI
1996 14 NOV	£88,000	£100,025	12% below HPI

1 MANOR FARM LANE 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 two 1 MANOR FARM LANE sales from November 1996 and January 2018 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 1996 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the January 2018 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 1 MANOR FARM LANE?

1 MANOR FARM LANE is 102m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 40% of detached houses in Essendine, based on EPC data. The below chart shows the distribution of detached houses by size in Essendine, and where 1 MANOR FARM LANE lies on this distribution: 33% of detached houses are smaller than 1 MANOR FARM LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Essendine.

1 MANOR FARM LANE: Plot and Title Map

1 MANOR FARM LANE sits on a plot of roughly 0.108 of an acre, or 437m². The below map shows the location of 1 MANOR FARM LANE, 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 MANOR FARM LANE). 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 MANOR FARM LANE?

1 MANOR FARM LANE is located in ESSENDINE, in the PE9 postcode district. The below map shows the position of No. 1 on MANOR FARM LANE.