OLD BARN, GLEBE ROAD, NORTH LUFFENHAM, OAKHAM, LE15 8JU - £525,000

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.

OLD BARN is a very large detached house of 190m², built sometime before 1900, which could now be worth an estimated £625,092. It was last sold for £525,000 in December 2020, which was around 28% above the average December 2020 detached price in the Rutland local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was D.

OLD BARN Sold Prices

Land registry data shows five sales for OLD BARN since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the five OLD BARN 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
2020 17 DEC	£525,000	£408,611	28% above HPI
2017 24 JUL	£500,000	£361,723	38% above HPI
2012 22 OCT	£385,000	£286,029	35% above HPI
1999 30 SEP	£210,000	£117,843	78% above HPI
1996 11 SEP	£145,000	£93,137	56% above HPI

OLD 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 five OLD BARN sales between September 1996 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 July 2017 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the December 2020 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might OLD BARN be worth now?

OLD BARN might now be worth an estimated £625,092.

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 OLD BARN of £525,000 on 17th December 2020. For the value to have increased from £525,000 to £625,092 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of OLD BARN has moved in line with the HPI for detached houses in the Rutland local authority area.
• The December 2020 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of OLD BARN has not materially changed since December 2020.

How Large is OLD BARN?

OLD BARN is 190m² according to the EPC inspection conducted in September 2010. This puts it in the largest 20% of detached houses houses in North Luffenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Luffenham, and where OLD BARN lies on this distribution: 84% of detached houses houses are smaller than OLD BARN, and 16% of houses are larger. Note that EPC data is not available for all properties in North Luffenham.

OLD BARN: Plot and Title Map

OLD BARN sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of OLD 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 OLD 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 OLD BARN?

OLD BARN is located on GLEBE ROAD in NORTH LUFFENHAM, in the LE15 postcode district. The below map shows the position of OLD BARN on GLEBE ROAD.