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
15 THE PASTURES is a very small detached house of 77m², built sometime between 1983 and 1990. It was last sold for £266,000 in November 2021, which was around 42% below the average November 2021 detached price in the Rutland local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows two sales for 15 THE PASTURES since 1st 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 15 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 |
---|---|---|---|
2021 18 NOV | £266,000 | £460,002 | 42% below HPI |
2012 5 JAN | £177,000 | £294,575 | 40% below HPI |
The below graph shows the average detached house price in the Rutland local authority area over time, sourced from the HPI. The two 15 THE PASTURES sales from January 2012 and November 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 January 2012 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2021 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.
15 THE PASTURES is 77m² according to the EPC inspection conducted in March 2011. 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 15 THE PASTURES lies on this distribution: 14% of detached houses are smaller than 15 THE PASTURES, and 86% of houses are larger. Note that EPC data is not available for all properties in Cottesmore.
15 THE PASTURES sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 15 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 15 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.
15 THE PASTURES is located in COTTESMORE, in the LE15 postcode district. The below map shows the position of No. 15 on THE PASTURES.