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
2 BARROWDEN LANE is a midsized extended detached house of 178m², built sometime between 1976 and 1982. It was last sold for £660,000 in October 2023, which was around 26% above the average October 2023 detached price in the Rutland local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 2 BARROWDEN LANE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. The five 2 BARROWDEN LANE sales were a mix of above the average price, roughly equal to the average price, and 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 19 OCT | £660,000 | £522,142 | 26% above HPI |
2019 29 NOV | £431,000 | £431,828 | Close to HPI |
2009 9 APR | £260,000 | £277,461 | 6% below HPI |
2007 27 MAR | £240,000 | £291,294 | 18% below HPI |
2003 3 FEB | £180,000 | £208,309 | 14% below HPI |
The below graph shows the average detached house price in the Rutland local authority area over time, sourced from the HPI. The five 2 BARROWDEN LANE sales between February 2003 and October 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 November 2019 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2023 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.
2 BARROWDEN LANE is 178m², which includes three extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 50% of detached houses in South Luffenham, based on EPC data. The below chart shows the distribution of detached houses by size in South Luffenham, and where 2 BARROWDEN LANE lies on this distribution: 55% of detached houses are smaller than 2 BARROWDEN LANE, and 45% of houses are larger. Note that EPC data is not available for all properties in South Luffenham.
2 BARROWDEN LANE sits on a plot of roughly 0.217 of an acre, or 880m². The below map shows the location of 2 BARROWDEN LANE, 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 2 BARROWDEN LANE). 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.
2 BARROWDEN LANE is located in SOUTH LUFFENHAM, in the LE15 postcode district. The below map shows the position of No. 2 on BARROWDEN LANE.