16, ERMINE RISE, GREAT CASTERTON, STAMFORD, PE9 4AJ - £180,000

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

16 ERMINE RISE is a midsized extended detached house of 139m², built sometime between 2003 and 2006. It was last sold for £180,000 in August 2003, which was around 26% below the average August 2003 detached price in the Rutland local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

16 ERMINE RISE Sold Prices

Land registry data shows two sales for 16 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 16 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
2003 13 AUG	£180,000	£243,927	26% below HPI
1999 5 MAY	£96,000	£118,808	19% below HPI

16 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 16 ERMINE RISE sales from May 1999 and August 2003 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 May 1999 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2003 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 16 ERMINE RISE?

16 ERMINE RISE is 139m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 50% 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 16 ERMINE RISE lies on this distribution: 44% of detached houses are smaller than 16 ERMINE RISE, and 56% of houses are larger. Note that EPC data is not available for all properties in Great Casterton.

16 ERMINE RISE: Plot and Title Map

16 ERMINE RISE sits on a plot of roughly 0.076 of an acre, or 310m². The below map shows the location of 16 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 16 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 16 ERMINE RISE?

16 ERMINE RISE is located in GREAT CASTERTON, in the PE9 postcode district. The below map shows the position of No. 16 on ERMINE RISE.