MONTAGUE HOUSE, BOURNE ROAD, ESSENDINE, STAMFORD, PE9 4LH - £365,000

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

MONTAGUE HOUSE is a large detached house of 132m², built sometime between 2003 and 2006. It was last sold for £365,000 in June 2021, which was around 20% below the average June 2021 detached price in the Rutland local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

MONTAGUE HOUSE Sold Prices

Land registry data shows two sales for MONTAGUE HOUSE 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 MONTAGUE HOUSE 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
2021 17 JUN	£365,000	£457,665	20% below HPI
2010 12 JUL	£217,500	£291,480	25% below HPI

MONTAGUE HOUSE 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 MONTAGUE HOUSE sales from July 2010 and June 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 July 2010 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is MONTAGUE HOUSE?

MONTAGUE HOUSE is 132m² according to the EPC inspection conducted in September 2009. This puts it in the largest 40% of detached houses in Essendine, based on EPC data. The below chart shows the distribution of detached houses by size in Essendine, and where MONTAGUE HOUSE lies on this distribution: 67% of detached houses are smaller than MONTAGUE HOUSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Essendine.

MONTAGUE HOUSE: Plot and Title Map

MONTAGUE HOUSE sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of MONTAGUE HOUSE, 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 MONTAGUE HOUSE). 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 MONTAGUE HOUSE?

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