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

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.

29 THE LEAS is a very large extended detached house of 197m², built sometime before 1900, which could now be worth an estimated £661,562. It was last sold for £587,500 in October 2020, which was around 36% 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	£432,048	36% above HPI
2007 20 JUL	£495,000	£287,228	72% above HPI
2002 27 AUG	£305,000	£195,288	56% above HPI
1998 21 JAN	£155,000	£106,938	45% above HPI
1996 1 MAR	£125,000	£84,040	49% 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 72% above the HPI. So the extrapolation line tracks at 72% above the HPI over time, until the October 2020 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 29 THE LEAS be worth now?

29 THE LEAS might now be worth an estimated £661,562.

This is based on house price inflation of 12.6%, between October 2020 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 12.6% inflationary increase is applied to the most recent sale price for 29 THE LEAS of £587,500 on 20th October 2020. For the value to have increased from £587,500 to £661,562 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 29 THE LEAS has moved in line with the HPI for detached houses in the Rutland local authority area.
• The October 2020 sale price of £587,500 represented a fair market value for the property.
• The size, condition, and specification of 29 THE LEAS has not materially changed since October 2020.

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 houses in Cottesmore, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cottesmore, and where 29 THE LEAS lies on this distribution: 93% of detached houses houses are smaller than 29 THE LEAS, and 7% 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.