24, AUDIT HALL ROAD, EMPINGHAM, OAKHAM, LE15 8PH - £275,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 AUDIT HALL ROAD is a small extended detached house of 133m², built sometime between 1950 and 1966, which could now be worth an estimated £478,527. It was last sold for £275,000 in October 2012, which was around 4% below the average October 2012 detached price in the Rutland local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

24 AUDIT HALL ROAD Sold Prices

Land registry data shows two sales for 24 AUDIT HALL ROAD 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 24 AUDIT HALL ROAD 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
2012 1 OCT	£275,000	£286,029	4% below HPI
2001 28 JUN	£147,000	£152,904	4% below HPI

24 AUDIT HALL ROAD 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 24 AUDIT HALL ROAD sales from June 2001 and October 2012 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 2001 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2012 sale, which was also at 4% below the HPI.

What might 24 AUDIT HALL ROAD be worth now?

24 AUDIT HALL ROAD might now be worth an estimated £478,527.

This is based on house price inflation of 74%, between October 2012 and December 2024, 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 74% inflationary increase is applied to the most recent sale price for 24 AUDIT HALL ROAD of £275,000 on 1st October 2012. For the value to have increased from £275,000 to £478,527 over the eleven years and ten months to December 2024, the following assumptions must hold true:

• The value of 24 AUDIT HALL ROAD has moved in line with the HPI for detached houses in the Rutland local authority area.
• The October 2012 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 24 AUDIT HALL ROAD has not materially changed since October 2012.

How Large is 24 AUDIT HALL ROAD?

24 AUDIT HALL ROAD is 133m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 40% of detached houses houses in Empingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Empingham, and where 24 AUDIT HALL ROAD lies on this distribution: 36% of detached houses houses are smaller than 24 AUDIT HALL ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Empingham.

24 AUDIT HALL ROAD: Plot and Title Map

24 AUDIT HALL ROAD sits on a plot of roughly 0.210 of an acre, or 849m². The below map shows the location of 24 AUDIT HALL ROAD, 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 24 AUDIT HALL ROAD). 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 24 AUDIT HALL ROAD?

24 AUDIT HALL ROAD is located in EMPINGHAM, in the LE15 postcode district. The below map shows the position of No. 24 on AUDIT HALL ROAD.