18, WESTLAND ROAD, COTTESMORE, OAKHAM, LE15 7DT - £312,000

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

18 WESTLAND ROAD is a very small detached house of 83m², built sometime between 1991 and 1995. It was last sold for £312,000 in August 2023, which was around 44% below the average August 2023 detached price in the Rutland local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

18 WESTLAND ROAD Sold Prices

Land registry data shows three sales for 18 WESTLAND ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the three 18 WESTLAND ROAD 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
2023 17 AUG	£312,000	£557,117	44% below HPI
1999 3 DEC	£97,500	£130,458	25% below HPI
1997 18 APR	£71,000	£99,194	28% below HPI

18 WESTLAND 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 three 18 WESTLAND ROAD sales between April 1997 and August 2023 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 December 1999 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2023 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 18 WESTLAND ROAD?

18 WESTLAND ROAD is 83m² according to the EPC inspection conducted in June 2022. 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 18 WESTLAND ROAD lies on this distribution: 16% of detached houses are smaller than 18 WESTLAND ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Cottesmore.

18 WESTLAND ROAD: Plot and Title Map

18 WESTLAND ROAD sits on a plot of roughly 0.173 of an acre, or 699m². The below map shows the location of 18 WESTLAND 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 18 WESTLAND 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 18 WESTLAND ROAD?

18 WESTLAND ROAD is located in COTTESMORE, in the LE15 postcode district. The below map shows the position of No. 18 on WESTLAND ROAD.