MEWS COTTAGE, OAKHAM ROAD, WHISSENDINE, OAKHAM, LE15 7HA - £185,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MEWS COTTAGE is a very small extended detached house of 89m², built sometime between 1991 and 1995, which could now be worth an estimated £220,270. It was last sold for £185,000 in December 2020, which was around 55% below the average December 2020 detached price in the Rutland local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

MEWS COTTAGE Sold Prices

Land registry data shows two sales for MEWS COTTAGE 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 MEWS COTTAGE 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
2020 4 DEC	£185,000	£408,611	55% below HPI
2002 8 MAR	£117,250	£160,994	27% below HPI

MEWS COTTAGE 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 MEWS COTTAGE sales from March 2002 and December 2020 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 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the December 2020 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

What might MEWS COTTAGE be worth now?

MEWS COTTAGE might now be worth an estimated £220,270.

This is based on house price inflation of 19.1%, between December 2020 and February 2025, for detached houses, in the Rutland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.1% inflationary increase is applied to the most recent sale price for MEWS COTTAGE of £185,000 on 4th December 2020. For the value to have increased from £185,000 to £220,270 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of MEWS COTTAGE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The December 2020 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of MEWS COTTAGE has not materially changed since December 2020.

How Large is MEWS COTTAGE?

MEWS COTTAGE is 89m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses houses in Whissendine, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whissendine, and where MEWS COTTAGE lies on this distribution: 7% of detached houses houses are smaller than MEWS COTTAGE, and 92% of houses are larger. Note that EPC data is not available for all properties in Whissendine.

MEWS COTTAGE: Plot and Title Map

MEWS COTTAGE sits on a plot of roughly 0.021 of an acre, or 83m². The below map shows the location of MEWS COTTAGE, 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 MEWS COTTAGE). 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 MEWS COTTAGE?

MEWS COTTAGE is located on OAKHAM ROAD in WHISSENDINE, in the LE15 postcode district. The below map shows the position of MEWS COTTAGE on OAKHAM ROAD.