40, MAIN STREET, EMPINGHAM, OAKHAM, LE15 8PS - £515,000

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

40 MAIN STREET is a small extended detached house of 122m². It was last sold for £515,000 in December 2010, which was around 74% above the average December 2010 detached price in the Rutland local authority area. The most recent EPC inspection was October 2009, where the current energy rating was C, and the potential energy rating was C.

40 MAIN STREET Sold Prices

Land registry data shows four sales for 40 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. two of the four 40 MAIN STREET sales were for above the average price, and four 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
2010 15 DEC	£515,000	£296,522	74% above HPI
2007 15 JUN	£285,000	£302,163	6% below HPI
2004 29 JUL	£280,000	£268,764	4% above HPI
2002 7 JUN	£150,000	£189,413	21% below HPI

40 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 40 MAIN STREET sales between June 2002 and December 2010 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 June 2007 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2010 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

How Large is 40 MAIN STREET?

40 MAIN STREET is 122m², which includes one extension, according to the EPC inspection conducted in October 2009. 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 40 MAIN STREET lies on this distribution: 27% of detached houses are smaller than 40 MAIN STREET, and 73% of houses are larger. Note that EPC data is not available for all properties in Empingham.

40 MAIN STREET: Plot and Title Map

40 MAIN STREET sits on a plot of roughly 0.152 of an acre, or 613m². The below map shows the location of 40 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 40 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 40 MAIN STREET?

40 MAIN STREET is located in EMPINGHAM, in the LE15 postcode district. The below map shows the position of No. 40 on MAIN STREET.