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
8 CHURCH LANE is a large extended detached house of 208m², built sometime between 1967 and 1975. It was last sold for £550,000 in February 2021, which was around 27% above the average February 2021 detached price in the Rutland local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 8 CHURCH LANE 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. One of the two 8 CHURCH LANE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2021 1 FEB | £550,000 | £432,718 | 27% above HPI |
2005 3 JUN | £220,000 | £265,637 | 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 8 CHURCH LANE sales from June 2005 and February 2021 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 June 2005 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2021 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.
8 CHURCH LANE is 208m², which includes four extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 30% of detached houses in Greetham, based on EPC data. The below chart shows the distribution of detached houses by size in Greetham, and where 8 CHURCH LANE lies on this distribution: 79% of detached houses are smaller than 8 CHURCH LANE, and 21% of houses are larger. Note that EPC data is not available for all properties in Greetham.
8 CHURCH LANE sits on a plot of roughly 0.192 of an acre, or 775m². The below map shows the location of 8 CHURCH 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 8 CHURCH 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.
8 CHURCH LANE is located in GREETHAM, in the LE15 postcode district. The below map shows the position of No. 8 on CHURCH LANE.