THE CORNER HOUSE, MELTON ROAD, WHISSENDINE, OAKHAM, LE15 7EU - £475,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE CORNER HOUSE is a large extended detached house of 165m², built sometime between 2003 and 2006. It was last sold for £475,000 in August 2022, which was around 5% below the average August 2022 detached price in the Rutland local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

THE CORNER HOUSE Sold Prices

Land registry data shows three sales for THE CORNER 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. Two of the three THE CORNER HOUSE sales were for below the average price, whilst one was 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
2022 25 AUG	£475,000	£502,186	5% below HPI
2015 6 AUG	£287,500	£340,691	16% below HPI
2005 22 AUG	£344,100	£271,646	27% above HPI

THE CORNER 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 THE CORNER HOUSE sales between August 2005 and August 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 August 2015 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is THE CORNER HOUSE?

THE CORNER HOUSE is 165m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the largest 40% of detached houses in Whissendine, based on EPC data. The below chart shows the distribution of detached houses by size in Whissendine, and where THE CORNER HOUSE lies on this distribution: 64% of detached houses are smaller than THE CORNER HOUSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Whissendine.

THE CORNER HOUSE: Plot and Title Map

THE CORNER HOUSE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of THE CORNER 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 THE CORNER 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 THE CORNER HOUSE?

THE CORNER HOUSE is located on MELTON ROAD in WHISSENDINE, in the LE15 postcode district. The below map shows the position of THE CORNER HOUSE on MELTON ROAD.