2, LEA VIEW, RYHALL, STAMFORD, PE9 4HZ - £485,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 LEA VIEW is a small extended detached house of 115m², built sometime between 1967 and 1975. It was last sold for £485,000 in July 2022, which was around 3% below the average July 2022 detached price in the Rutland local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

2 LEA VIEW Sold Prices

Land registry data shows three sales for 2 LEA VIEW 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 2 LEA VIEW 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
2022 25 JUL	£485,000	£498,734	3% below HPI
2009 7 DEC	£220,000	£282,121	22% below HPI
2005 30 SEP	£238,000	£277,527	14% below HPI

2 LEA VIEW 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 2 LEA VIEW sales between September 2005 and July 2022 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 2009 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the July 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 2 LEA VIEW?

2 LEA VIEW is 115m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% of detached houses in Ryhall, based on EPC data. The below chart shows the distribution of detached houses by size in Ryhall, and where 2 LEA VIEW lies on this distribution: 31% of detached houses are smaller than 2 LEA VIEW, and 67% of houses are larger. Note that EPC data is not available for all properties in Ryhall.

2 LEA VIEW: Plot and Title Map

2 LEA VIEW sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 2 LEA VIEW, 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 LEA VIEW). 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 LEA VIEW?

2 LEA VIEW is located in RYHALL, in the PE9 postcode district. The below map shows the position of No. 2 on LEA VIEW.