5, MILL GROVE, WHISSENDINE, OAKHAM, LE15 7EY - £225,000

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

5 MILL GROVE is a small extended detached house of 117m², built sometime between 1950 and 1966. It was last sold for £225,000 in January 2015, which was around 33% below the average January 2015 detached price in the Rutland local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.

5 MILL GROVE Sold Prices

Land registry data shows two sales for 5 MILL GROVE 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. Both of the two 5 MILL GROVE sales 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
2015 16 JAN	£225,000	£334,767	33% below HPI
2001 16 NOV	£137,000	£165,139	17% below HPI

5 MILL GROVE 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 MILL GROVE sales from November 2001 and January 2015 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 November 2001 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the January 2015 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 5 MILL GROVE?

5 MILL GROVE is 117m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 30% of detached houses in Whissendine, based on EPC data. The below chart shows the distribution of detached houses by size in Whissendine, and where 5 MILL GROVE lies on this distribution: 29% of detached houses are smaller than 5 MILL GROVE, and 71% of houses are larger. Note that EPC data is not available for all properties in Whissendine.

5 MILL GROVE: Plot and Title Map

5 MILL GROVE sits on a plot of roughly 0.115 of an acre, or 465m². The below map shows the location of 5 MILL GROVE, 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 MILL GROVE). 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 MILL GROVE?

5 MILL GROVE is located in WHISSENDINE, in the LE15 postcode district. The below map shows the position of No. 5 on MILL GROVE.