50, MAIN STREET, EMPINGHAM, OAKHAM, LE15 8PS - £1,897,000

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

50 MAIN STREET is a very large extended semi-detached house of 307m², built sometime before 1900. It was last sold for £1,897,000 in September 2023, which was around 259% above the average September 2023 detached price in the Rutland local authority area. The most recent EPC inspection was December 2009, where the current energy rating was E, and the potential energy rating was E.

50 MAIN STREET Sold Prices

Land registry data shows five sales for 50 MAIN STREET since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the five 50 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
2023 22 SEP	£1,897,000	£529,026	259% above HPI
2013 23 SEP	£1,250,000	£304,394	311% above HPI
2010 27 APR	£1,246,000	£292,497	326% above HPI
1999 7 DEC	£495,000	£130,458	279% above HPI
1995 3 NOV	£292,500	£97,058	201% above HPI

50 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 five 50 MAIN STREET sales between November 1995 and September 2023 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 September 2013 sale was for 311% above the HPI. So the extrapolation line tracks at 311% above the HPI over time, until the September 2023 sale, where it falls to 259% above the HPI. The line then continues to track at 259% above the HPI.

How Large is 50 MAIN STREET?

50 MAIN STREET is 307m², which includes one extension, according to the EPC inspection conducted in December 2009. This puts it in the largest 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 50 MAIN STREET lies on this distribution: 89% of detached houses are smaller than 50 MAIN STREET, and 11% of houses are larger. Note that EPC data is not available for all properties in Empingham.

50 MAIN STREET: Plot and Title Map

50 MAIN STREET sits on a plot of roughly 1.2 acres, or 4,997m². The below map shows the location of 50 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 50 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 50 MAIN STREET?

50 MAIN STREET is located in EMPINGHAM, in the LE15 postcode district. The below map shows the position of No. 50 on MAIN STREET.