7, THE PASTURES, COTTESMORE, OAKHAM, LE15 7DZ - £280,000

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

7 THE PASTURES is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £280,000 in January 2023, which was around 45% below the average January 2023 detached price in the Rutland local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

7 THE PASTURES Sold Prices

Land registry data shows three sales for 7 THE PASTURES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the three 7 THE PASTURES 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
2023 9 JAN	£280,000	£508,027	45% below HPI
2007 28 MAR	£178,000	£291,294	39% below HPI
2002 4 OCT	£106,000	£202,409	48% below HPI

7 THE PASTURES 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 three 7 THE PASTURES sales between October 2002 and January 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 March 2007 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the January 2023 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 7 THE PASTURES?

7 THE PASTURES is 66m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of detached houses in Cottesmore, based on EPC data. The below chart shows the distribution of detached houses by size in Cottesmore, and where 7 THE PASTURES lies on this distribution: 2% of detached houses are smaller than 7 THE PASTURES, and 98% of houses are larger. Note that EPC data is not available for all properties in Cottesmore.

7 THE PASTURES: Plot and Title Map

7 THE PASTURES sits on a plot of roughly 0.044 of an acre, or 177m². The below map shows the location of 7 THE PASTURES, 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 THE PASTURES). 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 THE PASTURES?

7 THE PASTURES is located in COTTESMORE, in the LE15 postcode district. The below map shows the position of No. 7 on THE PASTURES.