2, COLLEGE CLOSE, GREAT CASTERTON, STAMFORD, PE9 4AW - £475,000

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

2 COLLEGE CLOSE is a large extended detached house of 163m², built sometime between 1967 and 1975. It was last sold for £475,000 in October 2023, which was around 9% below the average October 2023 detached price in the Rutland local authority area. The most recent EPC inspection was May 2023, where the current energy rating was E, and the potential energy rating was C.

2 COLLEGE CLOSE Sold Prices

Land registry data shows two sales for 2 COLLEGE CLOSE 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 2 COLLEGE CLOSE 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 27 OCT	£475,000	£522,142	9% below HPI
1998 23 MAR	£58,000	£107,277	46% below HPI

2 COLLEGE CLOSE 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 2 COLLEGE CLOSE sales from March 1998 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 March 1998 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the October 2023 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 2 COLLEGE CLOSE?

2 COLLEGE CLOSE is 163m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 40% 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 2 COLLEGE CLOSE lies on this distribution: 66% of detached houses are smaller than 2 COLLEGE CLOSE, and 34% of houses are larger. Note that EPC data is not available for all properties in Great Casterton.

2 COLLEGE CLOSE: Plot and Title Map

2 COLLEGE CLOSE sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of 2 COLLEGE CLOSE, 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 COLLEGE CLOSE). 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 2 COLLEGE CLOSE?

2 COLLEGE CLOSE is located in GREAT CASTERTON, in the PE9 postcode district. The below map shows the position of No. 2 on COLLEGE CLOSE.