8, WESTLAND ROAD, COTTESMORE, OAKHAM, LE15 7DT - £360,000

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

8 WESTLAND ROAD is a large extended detached house of 133m², built sometime between 1950 and 1966. It was last sold for £360,000 in April 2022, which was around 24% below the average April 2022 detached price in the Rutland local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

8 WESTLAND ROAD Sold Prices

Land registry data shows three sales for 8 WESTLAND ROAD 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 8 WESTLAND ROAD 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
2022 29 APR	£360,000	£472,977	24% below HPI
2018 5 MAR	£270,000	£402,603	33% below HPI
1998 24 JUL	£75,000	£121,416	38% below HPI

8 WESTLAND ROAD 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 8 WESTLAND ROAD sales between July 1998 and April 2022 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 2018 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the April 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 8 WESTLAND ROAD?

8 WESTLAND ROAD is 133m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 40% of detached houses in Cottesmore, based on EPC data. The below chart shows the distribution of detached houses by size in Cottesmore, and where 8 WESTLAND ROAD lies on this distribution: 70% of detached houses are smaller than 8 WESTLAND ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Cottesmore.

8 WESTLAND ROAD: Plot and Title Map

8 WESTLAND ROAD sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 8 WESTLAND ROAD, 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 WESTLAND ROAD). 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 8 WESTLAND ROAD?

8 WESTLAND ROAD is located in COTTESMORE, in the LE15 postcode district. The below map shows the position of No. 8 on WESTLAND ROAD.