7, NOOK LANE, EMPINGHAM, OAKHAM, LE15 8PT - £290,000

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 NOOK LANE is a very small extended detached house of 108m², built sometime before 1900. It was last sold for £290,000 in July 2003, which was around 25% above the average July 2003 detached price in the Rutland local authority area. The most recent EPC inspection was May 2013, where the current energy rating was F, and the potential energy rating was B.

7 NOOK LANE Sold Prices

Land registry data shows two sales for 7 NOOK 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. Both of the two 7 NOOK LANE 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
2003 8 JUL	£290,000	£232,885	25% above HPI
2002 15 FEB	£349,500	£176,413	98% above HPI

7 NOOK 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 7 NOOK LANE sales from February 2002 and July 2003 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 February 2002 sale was for 98% above the HPI. So the extrapolation line tracks at 98% above the HPI over time, until the July 2003 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 7 NOOK LANE?

7 NOOK LANE is 108m², which includes one extension, according to the EPC inspection conducted in May 2013. 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 7 NOOK LANE lies on this distribution: 15% of detached houses are smaller than 7 NOOK LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Empingham.

7 NOOK LANE: Plot and Title Map

7 NOOK LANE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 7 NOOK 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 7 NOOK 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 7 NOOK LANE?

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