44, MAIN STREET, EMPINGHAM, OAKHAM, LE15 8PS - £560,000

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

44 MAIN STREET is a small extended detached house of 116m², built sometime before 1900. It was last sold for £560,000 in August 2020, which was around 25% above the average August 2020 detached price in the Rutland local authority area. The most recent EPC inspection was April 2020, where the current energy rating was D, and the potential energy rating was B.

44 MAIN STREET Sold Prices

Land registry data shows seven sales for 44 MAIN STREET since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the seven 44 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
2020 14 AUG	£560,000	£448,728	25% above HPI
2016 24 MAY	£450,000	£341,876	32% above HPI
2015 30 JAN	£399,999	£334,767	19% above HPI
2009 22 DEC	£375,000	£282,121	33% above HPI
2006 26 MAY	£385,000	£273,378	41% above HPI
2003 28 APR	£349,950	£211,400	66% above HPI
1999 30 APR	£142,000	£115,118	23% above HPI

44 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 seven 44 MAIN STREET sales between April 1999 and August 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 May 2016 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the August 2020 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 44 MAIN STREET?

44 MAIN STREET is 116m², which includes two extensions, according to the EPC inspection conducted in April 2020. 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 44 MAIN STREET lies on this distribution: 21% of detached houses are smaller than 44 MAIN STREET, and 79% of houses are larger. Note that EPC data is not available for all properties in Empingham.

44 MAIN STREET: Plot and Title Map

44 MAIN STREET sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 44 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 44 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 44 MAIN STREET?

44 MAIN STREET is located in EMPINGHAM, in the LE15 postcode district. The below map shows the position of No. 44 on MAIN STREET.