1, THE PASTURES, COTTESMORE, OAKHAM, LE15 7DZ - £327,500

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 THE PASTURES is a very small detached house of 73m², built sometime between 1983 and 1990. It was last sold for £327,500 in August 2022, which was around 35% below the average August 2022 detached price in the Rutland local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

1 THE PASTURES Sold Prices

Land registry data shows three sales for 1 THE PASTURES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the three 1 THE PASTURES 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
2022 3 AUG	£327,500	£502,186	35% below HPI
2003 28 NOV	£163,000	£238,504	32% below HPI
2000 13 DEC	£112,000	£150,275	25% below HPI

1 THE PASTURES 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 three 1 THE PASTURES sales between December 2000 and August 2022 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 2003 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2022 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 1 THE PASTURES?

1 THE PASTURES is 73m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% 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 THE PASTURES lies on this distribution: 11% of detached houses are smaller than 1 THE PASTURES, and 89% of houses are larger. Note that EPC data is not available for all properties in Cottesmore.

1 THE PASTURES: Plot and Title Map

1 THE PASTURES sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 1 THE PASTURES, 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 THE PASTURES). 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 THE PASTURES?

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