NORTHBROOK HOUSE, LOWER FARM CLOSE, EMPINGHAM, OAKHAM, LE15 8RB - £1,460,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

NORTHBROOK HOUSE is a very large detached house of 335m², built sometime between 1996 and 2002. It was last sold for £1,460,000 in October 2022, which was around 196% above the average October 2022 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 three sales for NORTHBROOK HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the three 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
2022 14 OCT	£1,460,000	£492,571	196% above HPI
2010 27 AUG	£1,062,500	£298,154	256% above HPI
1999 15 MAR	£350,000	£110,676	216% 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 three NORTHBROOK HOUSE sales between March 1999 and October 2022 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 August 2010 sale was for 256% above the HPI. So the extrapolation line tracks at 256% above the HPI over time, until the October 2022 sale, where it falls to 196% above the HPI. The line then continues to track at 196% above the HPI.

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 in Empingham, based on EPC data. The below chart shows the distribution of detached houses by size in Empingham, and where NORTHBROOK HOUSE lies on this distribution: 95% of detached 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.