29, THE LEAS, COTTESMORE, OAKHAM, LE15 7DG - £587,500

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

29 THE LEAS is a very large extended detached house of 197m², built sometime before 1900. It was last sold for £587,500 in October 2020, which was around 29% above the average October 2020 detached price in the Rutland local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

29 THE LEAS Sold Prices

Land registry data shows five sales for 29 THE LEAS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the five 29 THE LEAS 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
2020 20 OCT	£587,500	£456,028	29% above HPI
2007 20 JUL	£495,000	£303,169	63% above HPI
2002 27 AUG	£305,000	£206,127	48% above HPI
1998 21 JAN	£155,000	£112,873	37% above HPI
1996 1 MAR	£125,000	£88,705	41% above HPI

29 THE LEAS 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 five 29 THE LEAS sales between March 1996 and October 2020 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 2007 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the October 2020 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 29 THE LEAS?

29 THE LEAS is 197m², which includes two extensions, according to the EPC inspection conducted in August 2018. This puts it in the largest 10% of detached houses in Cottesmore, based on EPC data. The below chart shows the distribution of detached houses by size in Cottesmore, and where 29 THE LEAS lies on this distribution: 94% of detached houses are smaller than 29 THE LEAS, and 6% of houses are larger. Note that EPC data is not available for all properties in Cottesmore.

29 THE LEAS: Plot and Title Map

29 THE LEAS sits on a plot of roughly 0.177 of an acre, or 718m². The below map shows the location of 29 THE LEAS, 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 29 THE LEAS). 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 29 THE LEAS?

29 THE LEAS is located in COTTESMORE, in the LE15 postcode district. The below map shows the position of No. 29 on THE LEAS.