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 NEW ROAD is a midsized extended detached house of 137m², built sometime between 1976 and 1982. It was last sold for £240,000 in December 2014, which was around 27% below the average December 2014 detached price in the Rutland local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 5 NEW ROAD since 1st 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 NEW ROAD 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 |
---|---|---|---|
2014 12 DEC | £240,000 | £329,418 | 27% below HPI |
1996 29 NOV | £83,000 | £100,025 | 17% below HPI |
The below graph shows the average detached house price in the Rutland local authority area over time, sourced from the HPI. The two 5 NEW ROAD sales from November 1996 and December 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 November 1996 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2014 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.
5 NEW ROAD is 137m², which includes one extension, according to the EPC inspection conducted in August 2014. This puts it in the largest 50% of detached houses in Ryhall, based on EPC data. The below chart shows the distribution of detached houses by size in Ryhall, and where 5 NEW ROAD lies on this distribution: 52% of detached houses are smaller than 5 NEW ROAD, and 48% of houses are larger. Note that EPC data is not available for all properties in Ryhall.
5 NEW ROAD sits on a plot of roughly 0.189 of an acre, or 767m². The below map shows the location of 5 NEW ROAD, 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 NEW ROAD). 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.
5 NEW ROAD is located in RYHALL, in the PE9 postcode district. The below map shows the position of No. 5 on NEW ROAD.