NORTHBROOK HOUSE, LOWER FARM CLOSE, EMPINGHAM, OAKHAM, LE15 8RB - £1,425,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

NORTHBROOK HOUSE is a very large detached house of 335m², built sometime between 1996 and 2002, which could now be worth an estimated £1,460,497. It was last sold for £1,425,000 in November 2024, which was around 193% above the average November 2024 detached price in the Rutland local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

NORTHBROOK HOUSE Sold Prices

Land registry data shows four sales for NORTHBROOK HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the four NORTHBROOK HOUSE 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
2024 4 NOV	£1,425,000	£485,622	193% above HPI
2022 14 OCT	£1,460,000	£466,669	213% above HPI
2010 27 AUG	£1,062,500	£282,476	276% above HPI
1999 15 MAR	£350,000	£104,856	234% above HPI

NORTHBROOK 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 four NORTHBROOK HOUSE sales between March 1999 and November 2024 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 October 2022 sale was for 213% above the HPI. So the extrapolation line tracks at 213% above the HPI over time, until the November 2024 sale, where it falls to 193% above the HPI. The line then continues to track at 193% above the HPI.

What might NORTHBROOK HOUSE be worth now?

NORTHBROOK HOUSE might now be worth an estimated £1,460,497.

This is based on house price inflation of 2.5%, between November 2024 and December 2024, 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 2.5% inflationary increase is applied to the most recent sale price for NORTHBROOK HOUSE of £1,425,000 on 4th November 2024. For the value to have increased from £1,425,000 to £1,460,497 over the eleven months to December 2024, the following assumptions must hold true:

• The value of NORTHBROOK HOUSE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The November 2024 sale price of £1,425,000 represented a fair market value for the property.
• The size, condition, and specification of NORTHBROOK HOUSE has not materially changed since November 2024.

How Large is NORTHBROOK HOUSE?

NORTHBROOK HOUSE is 335m² according to the EPC inspection conducted in May 2023. This puts it in the largest 10% 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 NORTHBROOK HOUSE lies on this distribution: 95% of detached houses houses are smaller than NORTHBROOK HOUSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Empingham.

NORTHBROOK HOUSE: Plot and Title Map

NORTHBROOK HOUSE sits on a plot of roughly 0.319 of an acre, or 1,290m². The below map shows the location of NORTHBROOK 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 NORTHBROOK 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 NORTHBROOK HOUSE?

NORTHBROOK HOUSE is located on LOWER FARM CLOSE in EMPINGHAM, in the LE15 postcode district. The below map shows the position of NORTHBROOK HOUSE on LOWER FARM CLOSE.