27, MAIN STREET, EMPINGHAM, OAKHAM, LE15 8PR - £273,000

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

27 MAIN STREET is a very small extended detached house of 85m², built sometime before 1900. It was last sold for £273,000 in September 2007, which was around 11% below the average September 2007 detached price in the Rutland local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

27 MAIN STREET Sold Prices

Land registry data shows four sales for 27 MAIN STREET 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 27 MAIN STREET 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
2007 7 SEP	£273,000	£305,225	11% below HPI
2004 26 AUG	£210,000	£264,004	20% below HPI
2003 20 FEB	£195,000	£208,309	6% below HPI
2000 21 DEC	£105,000	£150,275	30% below HPI

27 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 four 27 MAIN STREET sales between December 2000 and September 2007 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 August 2004 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2007 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 27 MAIN STREET?

27 MAIN STREET is 85m², which includes two extensions, according to the EPC inspection conducted in May 2024. This puts it in the smallest 10% of detached houses in Empingham, based on EPC data. The below chart shows the distribution of detached houses by size in Empingham, and where 27 MAIN STREET lies on this distribution: 9% of detached houses are smaller than 27 MAIN STREET, and 91% of houses are larger. Note that EPC data is not available for all properties in Empingham.

27 MAIN STREET: Plot and Title Map

27 MAIN STREET sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 27 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 27 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 27 MAIN STREET?

27 MAIN STREET is located in EMPINGHAM, in the LE15 postcode district. The below map shows the position of No. 27 on MAIN STREET.