2, THE PASTURES, COTTESMORE, OAKHAM, LE15 7DZ - £176,250

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 THE PASTURES is a very small detached house of 72m², built sometime between 1983 and 1990, which could now be worth an estimated £282,338. It was last sold for £176,250 in April 2015, which was around 42% below the average April 2015 detached price in the Rutland local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

2 THE PASTURES Sold Prices

Land registry data shows two sales for 2 THE PASTURES 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 THE PASTURES 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
2015 30 APR	£176,250	£303,707	42% below HPI
1996 9 APR	£67,000	£83,526	20% below HPI

2 THE PASTURES 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 THE PASTURES sales from April 1996 and April 2015 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 April 1996 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2015 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 2 THE PASTURES be worth now?

2 THE PASTURES might now be worth an estimated £282,338.

This is based on house price inflation of 60.2%, between April 2015 and February 2025, for detached houses, in the Rutland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.2% inflationary increase is applied to the most recent sale price for 2 THE PASTURES of £176,250 on 30th April 2015. For the value to have increased from £176,250 to £282,338 over the ten years and two months to February 2025, the following assumptions must hold true:

• The value of 2 THE PASTURES has moved in line with the HPI for detached houses in the Rutland local authority area.
• The April 2015 sale price of £176,250 represented a fair market value for the property.
• The size, condition, and specification of 2 THE PASTURES has not materially changed since April 2015.

How Large is 2 THE PASTURES?

2 THE PASTURES is 72m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 10% of detached houses houses in Cottesmore, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cottesmore, and where 2 THE PASTURES lies on this distribution: 8% of detached houses houses are smaller than 2 THE PASTURES, and 90% of houses are larger. Note that EPC data is not available for all properties in Cottesmore.

2 THE PASTURES: Plot and Title Map

2 THE PASTURES sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 2 THE PASTURES, 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 THE PASTURES). 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 THE PASTURES?

2 THE PASTURES is located in COTTESMORE, in the LE15 postcode district. The below map shows the position of No. 2 on THE PASTURES.