2, WALNUT CLOSE, EMPINGHAM, OAKHAM, LE15 8QJ - £185,000

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 WALNUT CLOSE is a very small detached house of 67m², built sometime between 1996 and 2002. It was last sold for £185,000 in June 2013, which was around 36% below the average June 2013 detached price in the Rutland local authority area. The most recent EPC inspection was December 2010, where the current energy rating was D, and the potential energy rating was C.

2 WALNUT CLOSE Sold Prices

Land registry data shows four sales for 2 WALNUT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the four 2 WALNUT 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
2013 14 JUN	£185,000	£290,977	36% below HPI
2006 27 OCT	£200,000	£279,155	28% below HPI
2002 16 OCT	£120,000	£202,409	41% below HPI
1997 18 FEB	£65,000	£99,790	35% below HPI

2 WALNUT 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 four 2 WALNUT CLOSE sales between February 1997 and June 2013 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 October 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2013 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 2 WALNUT CLOSE?

2 WALNUT CLOSE is 67m² according to the EPC inspection conducted in December 2010. This puts it in the smallest 10% of detached houses in Empingham, based on EPC data. The below chart shows the distribution of detached houses by size in Empingham, and where 2 WALNUT CLOSE lies on this distribution: 3% of detached houses are smaller than 2 WALNUT CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Empingham.

2 WALNUT CLOSE: Plot and Title Map

2 WALNUT CLOSE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 2 WALNUT 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 WALNUT 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 WALNUT CLOSE?

2 WALNUT CLOSE is located in EMPINGHAM, in the LE15 postcode district. The below map shows the position of No. 2 on WALNUT CLOSE.