15, THE PASTURES, COTTESMORE, OAKHAM, LE15 7DZ - £266,000

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.

15 THE PASTURES is a very small detached house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £296,944. It was last sold for £266,000 in November 2021, which was around 39% 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.

15 THE PASTURES Sold Prices

Land registry data shows two sales for 15 THE PASTURES 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 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	£435,814	39% below HPI
2012 5 JAN	£177,000	£279,085	37% below HPI

15 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 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 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 15 THE PASTURES be worth now?

15 THE PASTURES might now be worth an estimated £296,944.

This is based on house price inflation of 11.6%, between November 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 11.6% inflationary increase is applied to the most recent sale price for 15 THE PASTURES of £266,000 on 18th November 2021. For the value to have increased from £266,000 to £296,944 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 15 THE PASTURES has moved in line with the HPI for detached houses in the Rutland local authority area.
• The November 2021 sale price of £266,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THE PASTURES has not materially changed since November 2021.

How Large is 15 THE PASTURES?

15 THE PASTURES is 77m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 20% of detached houses houses in Cottesmore, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cottesmore, and where 15 THE PASTURES lies on this distribution: 14% of detached houses 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: Plot and Title Map

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.

Where is 15 THE PASTURES?

15 THE PASTURES is located in COTTESMORE, in the LE15 postcode district. The below map shows the position of No. 15 on THE PASTURES.