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
34 WILLOUGHBY DRIVE is a small extended detached house of 125m², built sometime between 1967 and 1975. It was last sold for £487,000 in May 2022, which was around 2% above the average May 2022 detached price in the Rutland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 34 WILLOUGHBY DRIVE since 1st 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. One of the two 34 WILLOUGHBY DRIVE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2022 5 MAY | £487,000 | £477,519 | 2% above HPI |
2017 31 OCT | £375,000 | £384,079 | 2% below HPI |
The below graph shows the average detached house price in the Rutland local authority area over time, sourced from the HPI. The two 34 WILLOUGHBY DRIVE sales from October 2017 and May 2022 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 October 2017 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2022 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.
34 WILLOUGHBY DRIVE is 125m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the smallest 30% of detached houses in Empingham, based on EPC data. The below chart shows the distribution of detached houses by size in Empingham, and where 34 WILLOUGHBY DRIVE lies on this distribution: 29% of detached houses are smaller than 34 WILLOUGHBY DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Empingham.
34 WILLOUGHBY DRIVE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 34 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 34 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.
34 WILLOUGHBY DRIVE is located in EMPINGHAM, in the LE15 postcode district. The below map shows the position of No. 34 on WILLOUGHBY DRIVE.