26, HEATH DRIVE, COTTESMORE, OAKHAM, LE15 7DF - £233,888

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.

26 HEATH DRIVE is a very small detached house of 89m², built sometime between 1967 and 1975, which could now be worth an estimated £304,959. It was last sold for £233,888 in November 2016, which was around 37% below the average November 2016 detached price in the Rutland local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

26 HEATH DRIVE Sold Prices

Land registry data shows six sales for 26 HEATH DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the six 26 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
2016 2 NOV	£233,888	£373,131	37% below HPI
2013 30 JUL	£195,000	£290,693	33% below HPI
2008 21 OCT	£219,995	£259,023	15% below HPI
2005 17 AUG	£200,000	£257,361	22% below HPI
2003 10 SEP	£158,000	£235,687	33% below HPI
1999 2 JUL	£75,000	£116,801	36% below HPI

26 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 six 26 HEATH DRIVE sales between July 1999 and November 2016 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 July 2013 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2016 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 26 HEATH DRIVE be worth now?

26 HEATH DRIVE might now be worth an estimated £304,959.

This is based on house price inflation of 30.4%, between November 2016 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 30.4% inflationary increase is applied to the most recent sale price for 26 HEATH DRIVE of £233,888 on 2nd November 2016. For the value to have increased from £233,888 to £304,959 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 26 HEATH DRIVE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The November 2016 sale price of £233,888 represented a fair market value for the property.
• The size, condition, and specification of 26 HEATH DRIVE has not materially changed since November 2016.

How Large is 26 HEATH DRIVE?

26 HEATH DRIVE is 89m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 20% 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 26 HEATH DRIVE lies on this distribution: 19% of detached houses houses are smaller than 26 HEATH DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Cottesmore.

26 HEATH DRIVE: Plot and Title Map

26 HEATH DRIVE sits on a plot of roughly 0.133 of an acre, or 538m². The below map shows the location of 26 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 26 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 26 HEATH DRIVE?

26 HEATH DRIVE is located in COTTESMORE, in the LE15 postcode district. The below map shows the position of No. 26 on HEATH DRIVE.