MULBERRY BARN, CHURCH STREET, EMPINGHAM, OAKHAM, LE15 8PN - £810,000

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.

MULBERRY BARN is a large extended detached house of 239m², built sometime before 1900, which could now be worth an estimated £940,153. It was last sold for £810,000 in March 2021, which was around 93% above the average March 2021 detached price in the Rutland local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

MULBERRY BARN Sold Prices

Land registry data shows two sales for MULBERRY BARN 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. One of the two MULBERRY BARN sales was for above the average price, whilst the other was 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 5 MAR	£810,000	£419,161	93% above HPI
1999 26 FEB	£85,000	£98,818	14% below HPI

MULBERRY BARN 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 MULBERRY BARN sales from February 1999 and March 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 February 1999 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2021 sale, where it rises to 93% above the HPI. The line then continues to track at 93% above the HPI.

What might MULBERRY BARN be worth now?

MULBERRY BARN might now be worth an estimated £940,153.

This is based on house price inflation of 16.1%, between March 2021 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 16.1% inflationary increase is applied to the most recent sale price for MULBERRY BARN of £810,000 on 5th March 2021. For the value to have increased from £810,000 to £940,153 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of MULBERRY BARN has moved in line with the HPI for detached houses in the Rutland local authority area.
• The March 2021 sale price of £810,000 represented a fair market value for the property.
• The size, condition, and specification of MULBERRY BARN has not materially changed since March 2021.

How Large is MULBERRY BARN?

MULBERRY BARN is 239m², which includes three extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 30% of detached houses houses in Empingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Empingham, and where MULBERRY BARN lies on this distribution: 78% of detached houses houses are smaller than MULBERRY BARN, and 21% of houses are larger. Note that EPC data is not available for all properties in Empingham.

MULBERRY BARN: Plot and Title Map

MULBERRY BARN sits on a plot of roughly 0.253 of an acre, or 1,023m². The below map shows the location of MULBERRY BARN, 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 MULBERRY BARN). 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 MULBERRY BARN?

MULBERRY BARN is located on CHURCH STREET in EMPINGHAM, in the LE15 postcode district. The below map shows the position of MULBERRY BARN on CHURCH STREET.