14, ERMINE RISE, GREAT CASTERTON, STAMFORD, PE9 4AJ - £305,000

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

14 ERMINE RISE is a small extended detached house of 127m², built sometime between 1991 and 1995. It was last sold for £305,000 in May 2016, which was around 11% below the average May 2016 detached price in the Rutland local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

14 ERMINE RISE Sold Prices

Land registry data shows two sales for 14 ERMINE RISE 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 14 ERMINE RISE 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
2016 16 MAY	£305,000	£341,876	11% below HPI
2004 12 MAR	£223,000	£227,696	2% below HPI

14 ERMINE RISE 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 14 ERMINE RISE sales from March 2004 and May 2016 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 March 2004 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2016 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 14 ERMINE RISE?

14 ERMINE RISE is 127m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% of detached houses in Great Casterton, based on EPC data. The below chart shows the distribution of detached houses by size in Great Casterton, and where 14 ERMINE RISE lies on this distribution: 38% of detached houses are smaller than 14 ERMINE RISE, and 62% of houses are larger. Note that EPC data is not available for all properties in Great Casterton.

14 ERMINE RISE: Plot and Title Map

14 ERMINE RISE sits on a plot of roughly 0.097 of an acre, or 393m². The below map shows the location of 14 ERMINE RISE, 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 14 ERMINE RISE). 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 14 ERMINE RISE?

14 ERMINE RISE is located in GREAT CASTERTON, in the PE9 postcode district. The below map shows the position of No. 14 on ERMINE RISE.