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
26 HEATH DRIVE is a very small detached house of 89m², built sometime between 1967 and 1975. It was last sold for £233,888 in November 2016, which was around 41% 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.
Land registry data shows six sales for 26 HEATH DRIVE since 1st 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 | £393,841 | 41% below HPI |
2013 30 JUL | £195,000 | £306,827 | 36% below HPI |
2008 21 OCT | £219,995 | £273,400 | 20% below HPI |
2005 17 AUG | £200,000 | £271,646 | 26% below HPI |
2003 10 SEP | £158,000 | £248,769 | 36% below HPI |
1999 2 JUL | £75,000 | £123,284 | 39% below HPI |
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 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2016 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.
26 HEATH DRIVE is 89m² according to the EPC inspection conducted in August 2012. This puts it in the smallest 20% of detached houses in Cottesmore, based on EPC data. The below chart shows the distribution of detached houses by size in Cottesmore, and where 26 HEATH DRIVE lies on this distribution: 20% of detached 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 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.
26 HEATH DRIVE is located in COTTESMORE, in the LE15 postcode district. The below map shows the position of No. 26 on HEATH DRIVE.