31, WILLOUGHBY DRIVE, EMPINGHAM, OAKHAM, LE15 8PY - £475,000

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.

31 WILLOUGHBY DRIVE is a large extended detached house of 184m², built sometime between 1967 and 1975, which could now be worth an estimated £604,560. It was last sold for £475,000 in March 2019, which was around 24% above the average March 2019 detached price in the Rutland local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was C.

31 WILLOUGHBY DRIVE Sold Prices

Land registry data shows two sales for 31 WILLOUGHBY DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. Both of the two 31 WILLOUGHBY DRIVE 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
2019 25 MAR	£475,000	£382,251	24% above HPI
2013 1 JUL	£305,000	£290,693	5% above HPI

31 WILLOUGHBY 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 two 31 WILLOUGHBY DRIVE sales from July 2013 and March 2019 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 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2019 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 31 WILLOUGHBY DRIVE be worth now?

31 WILLOUGHBY DRIVE might now be worth an estimated £604,560.

This is based on house price inflation of 27.3%, between March 2019 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 27.3% inflationary increase is applied to the most recent sale price for 31 WILLOUGHBY DRIVE of £475,000 on 25th March 2019. For the value to have increased from £475,000 to £604,560 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 31 WILLOUGHBY DRIVE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The March 2019 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 31 WILLOUGHBY DRIVE has not materially changed since March 2019.

How Large is 31 WILLOUGHBY DRIVE?

31 WILLOUGHBY DRIVE is 184m², which includes two extensions, according to the EPC inspection conducted in November 2018. This puts it in the largest 40% of detached houses houses in Empingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Empingham, and where 31 WILLOUGHBY DRIVE lies on this distribution: 65% of detached houses houses are smaller than 31 WILLOUGHBY DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Empingham.

31 WILLOUGHBY DRIVE: Plot and Title Map

31 WILLOUGHBY DRIVE sits on a plot of roughly 0.256 of an acre, or 1,036m². The below map shows the location of 31 WILLOUGHBY 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 31 WILLOUGHBY 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 31 WILLOUGHBY DRIVE?

31 WILLOUGHBY DRIVE is located in EMPINGHAM, in the LE15 postcode district. The below map shows the position of No. 31 on WILLOUGHBY DRIVE.