BANKSIDE, TURNPIKE ROAD, RYHALL, STAMFORD, PE9 4HD - £338,000

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

BANKSIDE is a very small detached house of 85m², built sometime between 1967 and 1975. It was last sold for £338,000 in October 2011, which was around 16% above the average October 2011 detached price in the Rutland local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was E.

BANKSIDE Sold Prices

Land registry data shows two sales for BANKSIDE 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 BANKSIDE 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
2011 7 OCT	£338,000	£291,394	16% above HPI
1997 23 JUL	£108,000	£104,130	4% above HPI

BANKSIDE 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 BANKSIDE sales from July 1997 and October 2011 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 July 1997 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2011 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is BANKSIDE?

BANKSIDE is 85m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% of detached houses in Ryhall, based on EPC data. The below chart shows the distribution of detached houses by size in Ryhall, and where BANKSIDE lies on this distribution: 6% of detached houses are smaller than BANKSIDE, and 94% of houses are larger. Note that EPC data is not available for all properties in Ryhall.

BANKSIDE: Plot and Title Map

BANKSIDE sits on a plot of roughly 0.185 of an acre, or 748m². The below map shows the location of BANKSIDE, 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 BANKSIDE). 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 BANKSIDE?

BANKSIDE is located on TURNPIKE ROAD in RYHALL, in the PE9 postcode district. The below map shows the position of BANKSIDE on TURNPIKE ROAD.