5, HOME FARM CLOSE, GREAT CASTERTON, STAMFORD, PE9 4AN - £560,000

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.

5 HOME FARM CLOSE is a large detached house of 178m², built sometime before 1900, which could now be worth an estimated £727,981. It was last sold for £560,000 in April 2017, which was around 57% above the average April 2017 detached price in the Rutland local authority area. The most recent EPC inspection was February 2011, where the current energy rating was C, and the potential energy rating was C.

5 HOME FARM CLOSE Sold Prices

Land registry data shows three sales for 5 HOME FARM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the three 5 HOME FARM CLOSE 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
2017 7 APR	£560,000	£357,613	57% above HPI
2013 16 APR	£400,000	£276,169	45% above HPI
2006 3 AUG	£402,591	£259,266	55% above HPI

5 HOME FARM CLOSE 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 three 5 HOME FARM CLOSE sales between August 2006 and April 2017 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 2013 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the April 2017 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might 5 HOME FARM CLOSE be worth now?

5 HOME FARM CLOSE might now be worth an estimated £727,981.

This is based on house price inflation of 30%, between April 2017 and March 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 30% inflationary increase is applied to the most recent sale price for 5 HOME FARM CLOSE of £560,000 on 7th April 2017. For the value to have increased from £560,000 to £727,981 over the eight years and one month to March 2025, the following assumptions must hold true:

• The value of 5 HOME FARM CLOSE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The April 2017 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HOME FARM CLOSE has not materially changed since April 2017.

How Large is 5 HOME FARM CLOSE?

5 HOME FARM CLOSE is 178m² according to the EPC inspection conducted in February 2011. This puts it in the largest 40% of detached houses houses in Great Casterton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Casterton, and where 5 HOME FARM CLOSE lies on this distribution: 70% of detached houses houses are smaller than 5 HOME FARM CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Great Casterton.

5 HOME FARM CLOSE: Plot and Title Map

5 HOME FARM CLOSE sits on a plot of roughly 0.217 of an acre, or 877m². The below map shows the location of 5 HOME FARM CLOSE, 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 5 HOME FARM CLOSE). 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 5 HOME FARM CLOSE?

5 HOME FARM CLOSE is located in GREAT CASTERTON, in the PE9 postcode district. The below map shows the position of No. 5 on HOME FARM CLOSE.