12, WILLOUGHBY ROAD, MORCOTT, OAKHAM, LE15 9DY - £650,000

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.

12 WILLOUGHBY ROAD is a small extended detached house of 164m², built sometime before 1900, which could now be worth an estimated £734,506. It was last sold for £650,000 in July 2021, which was around 51% above the average July 2021 detached price in the Rutland local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

12 WILLOUGHBY ROAD Sold Prices

Land registry data shows two sales for 12 WILLOUGHBY ROAD 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 12 WILLOUGHBY ROAD sales were for above 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
2021 16 JUL	£650,000	£430,539	51% above HPI
2010 14 SEP	£350,000	£288,584	21% above HPI

12 WILLOUGHBY ROAD 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 12 WILLOUGHBY ROAD sales from September 2010 and July 2021 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 2010 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the July 2021 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 12 WILLOUGHBY ROAD be worth now?

12 WILLOUGHBY ROAD might now be worth an estimated £734,506.

This is based on house price inflation of 13%, between July 2021 and February 2025, for detached houses, in the Rutland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13% inflationary increase is applied to the most recent sale price for 12 WILLOUGHBY ROAD of £650,000 on 16th July 2021. For the value to have increased from £650,000 to £734,506 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 12 WILLOUGHBY ROAD has moved in line with the HPI for detached houses in the Rutland local authority area.
• The July 2021 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 12 WILLOUGHBY ROAD has not materially changed since July 2021.

How Large is 12 WILLOUGHBY ROAD?

12 WILLOUGHBY ROAD is 164m², which includes four extensions, according to the EPC inspection conducted in May 2021. This puts it in the smallest 40% of detached houses houses in Morcott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morcott, and where 12 WILLOUGHBY ROAD lies on this distribution: 34% of detached houses houses are smaller than 12 WILLOUGHBY ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Morcott.

12 WILLOUGHBY ROAD: Plot and Title Map

12 WILLOUGHBY ROAD sits on a plot of roughly 0.196 of an acre, or 794m². The below map shows the location of 12 WILLOUGHBY ROAD, 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 12 WILLOUGHBY ROAD). 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 12 WILLOUGHBY ROAD?

12 WILLOUGHBY ROAD is located in MORCOTT, in the LE15 postcode district. The below map shows the position of No. 12 on WILLOUGHBY ROAD.