23A, MAIN STREET, EMPINGHAM, OAKHAM, LE15 8PR - £500,000

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

23A MAIN STREET is a small extended detached house of 130m², built sometime between 1996 and 2002. It was last sold for £500,000 in July 2021, which was around 10% above the average July 2021 detached price in the Rutland local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

23A MAIN STREET Sold Prices

Land registry data shows two sales for 23A MAIN STREET 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 23A MAIN STREET sales were for above 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
2021 16 JUL	£500,000	£454,435	10% above HPI
2016 2 MAR	£375,000	£352,072	7% above HPI

23A MAIN STREET 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 23A MAIN STREET sales from March 2016 and July 2021 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 2016 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 23A MAIN STREET?

23A MAIN STREET is 130m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 40% of detached houses in Empingham, based on EPC data. The below chart shows the distribution of detached houses by size in Empingham, and where 23A MAIN STREET lies on this distribution: 32% of detached houses are smaller than 23A MAIN STREET, and 68% of houses are larger. Note that EPC data is not available for all properties in Empingham.

23A MAIN STREET: Plot and Title Map

23A MAIN STREET sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 23A MAIN STREET, 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 23A MAIN STREET). 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 23A MAIN STREET?

23A MAIN STREET is located in EMPINGHAM, in the LE15 postcode district. The below map shows the position of No. 23A on MAIN STREET.