20, HEATH DRIVE, COTTESMORE, OAKHAM, LE15 7DF - £318,450

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

20 HEATH DRIVE is a small extended detached house of 97m², built sometime between 1967 and 1975. It was last sold for £318,450 in June 2023, which was around 40% below the average June 2023 detached price in the Rutland local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

20 HEATH DRIVE Sold Prices

Land registry data shows four sales for 20 HEATH DRIVE 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 20 HEATH DRIVE 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 30 JUN	£318,450	£530,380	40% below HPI
2012 11 JUN	£210,000	£290,205	28% below HPI
2004 13 DEC	£223,500	£277,066	19% below HPI
2003 29 SEP	£121,000	£248,769	51% below HPI

20 HEATH DRIVE 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 20 HEATH DRIVE sales between September 2003 and June 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 June 2012 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2023 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 20 HEATH DRIVE?

20 HEATH DRIVE is 97m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the smallest 40% of detached houses in Cottesmore, based on EPC data. The below chart shows the distribution of detached houses by size in Cottesmore, and where 20 HEATH DRIVE lies on this distribution: 35% of detached houses are smaller than 20 HEATH DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Cottesmore.

20 HEATH DRIVE: Plot and Title Map

20 HEATH DRIVE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 20 HEATH DRIVE, 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 20 HEATH DRIVE). 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 20 HEATH DRIVE?

20 HEATH DRIVE is located in COTTESMORE, in the LE15 postcode district. The below map shows the position of No. 20 on HEATH DRIVE.