RICADOR VILLA, BOURNE ROAD, ESSENDINE, STAMFORD, PE9 4LH - £205,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

RICADOR VILLA is a small extended semi-detached house of 102m², built sometime between 1950 and 1966. It was last sold for £205,000 in October 2019, which was around 52% below the average October 2019 detached price in the Rutland local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was C.

RICADOR VILLA Sold Prices

Land registry data shows six sales for RICADOR VILLA since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the six RICADOR VILLA 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
2019 10 OCT	£205,000	£426,391	52% below HPI
2016 1 APR	£173,000	£344,723	50% below HPI
2011 12 AUG	£136,000	£301,016	55% below HPI
2007 27 APR	£143,500	£298,062	52% below HPI
2007 30 MAR	£142,500	£291,294	51% below HPI
2000 19 MAY	£55,000	£132,044	58% below HPI

RICADOR VILLA 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 six RICADOR VILLA sales between May 2000 and October 2019 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 April 2016 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the October 2019 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is RICADOR VILLA?

RICADOR VILLA is 102m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 40% of detached houses in Essendine, based on EPC data. The below chart shows the distribution of detached houses by size in Essendine, and where RICADOR VILLA lies on this distribution: 33% of detached houses are smaller than RICADOR VILLA, and 63% of houses are larger. Note that EPC data is not available for all properties in Essendine.

RICADOR VILLA: Plot and Title Map

RICADOR VILLA sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of RICADOR VILLA, 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 RICADOR VILLA). 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 RICADOR VILLA?

RICADOR VILLA is located on BOURNE ROAD in ESSENDINE, in the PE9 postcode district. The below map shows the position of RICADOR VILLA on BOURNE ROAD.