7, MAIN STREET, EMPINGHAM, OAKHAM, LE15 8PR - £950,000

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

7 MAIN STREET is a large extended detached house of 215m², built sometime before 1900. It was last sold for £950,000 in January 2018, which was around 144% above the average January 2018 detached price in the Rutland local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was C.

7 MAIN STREET Sold Prices

Land registry data shows two sales for 7 MAIN STREET 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 7 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
2018 10 JAN	£950,000	£389,288	144% above HPI
2013 4 OCT	£370,000	£310,865	19% above HPI

7 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 two 7 MAIN STREET sales from October 2013 and January 2018 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 October 2013 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the January 2018 sale, where it rises to 144% above the HPI. The line then continues to track at 144% above the HPI.

How Large is 7 MAIN STREET?

7 MAIN STREET is 215m², which includes three extensions, according to the EPC inspection conducted in October 2017. This puts it in the largest 30% of detached houses in Empingham, based on EPC data. The below chart shows the distribution of detached houses by size in Empingham, and where 7 MAIN STREET lies on this distribution: 69% of detached houses are smaller than 7 MAIN STREET, and 30% of houses are larger. Note that EPC data is not available for all properties in Empingham.

7 MAIN STREET: Plot and Title Map

7 MAIN STREET sits on a plot of roughly 0.341 of an acre, or 1,379m². The below map shows the location of 7 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 7 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 7 MAIN STREET?

7 MAIN STREET is located in EMPINGHAM, in the LE15 postcode district. The below map shows the position of No. 7 on MAIN STREET.