SUFFOLK HOUSE, BOURNE ROAD, ESSENDINE, STAMFORD, PE9 4LH - £420,000

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

SUFFOLK HOUSE is a very large extended detached house of 182m², built sometime between 1976 and 1982. It was last sold for £420,000 in July 2022, which was around 16% below the average July 2022 detached price in the Rutland local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

SUFFOLK HOUSE Sold Prices

Land registry data shows three sales for SUFFOLK 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 SUFFOLK HOUSE 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
2022 19 JUL	£420,000	£498,734	16% below HPI
2004 26 MAY	£174,000	£248,263	30% below HPI
2002 13 DEC	£159,000	£217,230	27% below HPI

SUFFOLK 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 SUFFOLK HOUSE sales between December 2002 and July 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 May 2004 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is SUFFOLK HOUSE?

SUFFOLK HOUSE is 182m², which includes three extensions, according to the EPC inspection conducted in January 2022. This puts it in the largest 20% of detached houses in Essendine, based on EPC data. The below chart shows the distribution of detached houses by size in Essendine, and where SUFFOLK HOUSE lies on this distribution: 89% of detached houses are smaller than SUFFOLK HOUSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Essendine.

SUFFOLK HOUSE: Plot and Title Map

SUFFOLK HOUSE sits on a plot of roughly 0.127 of an acre, or 514m². The below map shows the location of SUFFOLK 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 SUFFOLK 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 SUFFOLK HOUSE?

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