MAYCROFT, BOURNE ROAD, ESSENDINE, STAMFORD, PE9 4LH - £335,000

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

MAYCROFT is a small extended detached house of 98m², built sometime between 1967 and 1975. It was last sold for £335,000 in March 2019, which was around 17% below the average March 2019 detached price in the Rutland local authority area. The most recent EPC inspection was June 2018, where the current energy rating was E, and the potential energy rating was C.

MAYCROFT Sold Prices

Land registry data shows two sales for MAYCROFT 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 MAYCROFT 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
2019 8 MAR	£335,000	£403,467	17% below HPI
2006 23 JUN	£249,500	£266,697	6% below HPI

MAYCROFT 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 MAYCROFT sales from June 2006 and March 2019 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 2006 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the March 2019 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is MAYCROFT?

MAYCROFT is 98m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 30% of detached houses in Essendine, based on EPC data. The below chart shows the distribution of detached houses by size in Essendine, and where MAYCROFT lies on this distribution: 27% of detached houses are smaller than MAYCROFT, and 71% of houses are larger. Note that EPC data is not available for all properties in Essendine.

MAYCROFT: Plot and Title Map

MAYCROFT sits on a plot of roughly 0.179 of an acre, or 724m². The below map shows the location of MAYCROFT, 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 MAYCROFT). 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 MAYCROFT?

MAYCROFT is located on BOURNE ROAD in ESSENDINE, in the PE9 postcode district. The below map shows the position of MAYCROFT on BOURNE ROAD.