5, LOVES LANE, EMPINGHAM, OAKHAM, LE15 8PP - £325,000

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

5 LOVES LANE is a very small extended semi-detached house of 101m², built sometime before 1900. It was last sold for £325,000 in June 2014, which was around 5% above the average June 2014 detached price in the Rutland local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

5 LOVES LANE Sold Prices

Land registry data shows two sales for 5 LOVES LANE since 1^st 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 5 LOVES LANE 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
2014 27 JUN	£325,000	£310,408	5% above HPI
2003 27 JUN	£200,000	£225,730	11% below HPI

5 LOVES LANE 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 two 5 LOVES LANE sales from June 2003 and June 2014 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 2003 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2014 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 5 LOVES LANE?

5 LOVES LANE is 101m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses in Empingham, based on EPC data. The below chart shows the distribution of detached houses by size in Empingham, and where 5 LOVES LANE lies on this distribution: 14% of detached houses are smaller than 5 LOVES LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in Empingham.

5 LOVES LANE: Plot and Title Map

5 LOVES LANE sits on a plot of roughly 0.047 of an acre, or 190m². The below map shows the location of 5 LOVES LANE, 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 LOVES LANE). 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 LOVES LANE?

5 LOVES LANE is located in EMPINGHAM, in the LE15 postcode district. The below map shows the position of No. 5 on LOVES LANE.