THE BUNGALOW, COW LANE, WHISSENDINE, OAKHAM, LE15 7HJ - £168,500

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.

THE BUNGALOW is a very small detached house of 62m², built sometime between 1996 and 2002, which could now be worth an estimated £230,546. It was last sold for £168,500 in September 2016, which was around 53% below the average September 2016 detached price in the Rutland local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

THE BUNGALOW Sold Prices

Land registry data shows four sales for THE BUNGALOW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the four THE BUNGALOW 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
2016 15 SEP	£168,500	£355,579	53% below HPI
2015 9 OCT	£175,000	£326,424	46% below HPI
2007 12 JAN	£200,000	£264,136	24% below HPI
2005 13 JUL	£174,950	£253,909	31% below HPI

THE BUNGALOW 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 four THE BUNGALOW sales between July 2005 and September 2016 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 October 2015 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the September 2016 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

What might THE BUNGALOW be worth now?

THE BUNGALOW might now be worth an estimated £230,546.

This is based on house price inflation of 36.8%, between September 2016 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 36.8% inflationary increase is applied to the most recent sale price for THE BUNGALOW of £168,500 on 15th September 2016. For the value to have increased from £168,500 to £230,546 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of THE BUNGALOW has moved in line with the HPI for detached houses in the Rutland local authority area.
• The September 2016 sale price of £168,500 represented a fair market value for the property.
• The size, condition, and specification of THE BUNGALOW has not materially changed since September 2016.

How Large is THE BUNGALOW?

THE BUNGALOW is 62m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses houses in Whissendine, based on EPC data. The below chart shows the distribution of detached houses houses by size in Whissendine, and where THE BUNGALOW lies on this distribution: 1% of detached houses houses are smaller than THE BUNGALOW, and 99% of houses are larger. Note that EPC data is not available for all properties in Whissendine.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

THE BUNGALOW is located on COW LANE in WHISSENDINE, in the LE15 postcode district. The below map shows the position of THE BUNGALOW on COW LANE.