POST OFFICE, THE SQUARE, RYHALL, STAMFORD, PE9 4HJ - £335,000

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

POST OFFICE is a very small extended property of 97m², built sometime before 1900. It was last sold for £335,000 in August 2023, which was around 40% below the average August 2023 detached price in the Rutland local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

POST OFFICE Sold Prices

Land registry data shows three sales for POST OFFICE 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 POST OFFICE 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
2023 31 AUG	£335,000	£557,117	40% below HPI
2011 21 DEC	£245,000	£294,813	17% below HPI
2005 29 JUL	£244,000	£268,002	9% below HPI

POST OFFICE 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 POST OFFICE sales between July 2005 and August 2023 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 December 2011 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2023 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is POST OFFICE?

POST OFFICE is 97m², which includes one extension, according to the EPC inspection conducted in April 2009. This puts it in the smallest 20% of detached houses in Ryhall, based on EPC data. The below chart shows the distribution of detached houses by size in Ryhall, and where POST OFFICE lies on this distribution: 17% of detached houses are smaller than POST OFFICE, and 83% of houses are larger. Note that EPC data is not available for all properties in Ryhall.

POST OFFICE: Plot and Title Map

POST OFFICE sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of POST OFFICE, 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 POST OFFICE). 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 POST OFFICE?

POST OFFICE is located on THE SQUARE in RYHALL, in the PE9 postcode district. The below map shows the position of POST OFFICE on THE SQUARE.