42A, MAIN STREET, EMPINGHAM, OAKHAM, LE15 8PS - £470,000

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

42A MAIN STREET is a large detached house of 219m², built sometime from 2007 onwards. It was last sold for £470,000 in June 2008, which was around 48% above the average June 2008 detached price in the Rutland local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

42A MAIN STREET Sold Prices

Land registry data shows six sales for 42A MAIN STREET since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the six 42A MAIN STREET 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
2008 5 JUN	£470,000	£317,978	48% above HPI
2007 13 APR	£415,000	£298,062	39% above HPI
2006 29 JUN	£370,000	£266,697	39% above HPI
2003 4 APR	£249,999	£211,400	18% above HPI
2002 26 MAR	£175,000	£169,930	3% above HPI
2000 28 APR	£142,500	£130,636	9% above HPI

42A 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 six 42A MAIN STREET sales between April 2000 and June 2008 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 April 2007 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the June 2008 sale, where it rises to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 42A MAIN STREET?

42A MAIN STREET is 219m² according to the EPC inspection conducted in July 2012. This puts it in the largest 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 42A MAIN STREET lies on this distribution: 71% of detached houses are smaller than 42A MAIN STREET, and 28% of houses are larger. Note that EPC data is not available for all properties in Empingham.

42A MAIN STREET: Plot and Title Map

42A MAIN STREET sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 42A 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 42A 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 42A MAIN STREET?

42A MAIN STREET is located in EMPINGHAM, in the LE15 postcode district. The below map shows the position of No. 42A on MAIN STREET.