THE GRANARY, GREAT LANE, GREETHAM, OAKHAM, LE15 7NG - £415,000

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 GRANARY is a midsized extended detached house of 140m², which could now be worth an estimated £579,187. It was last sold for £415,000 in March 2017, which was around 19% above the average March 2017 detached price in the Rutland local authority area. The most recent EPC inspection was August 2016, where the current energy rating was C, and the potential energy rating was B.

THE GRANARY Sold Prices

Land registry data shows two sales for THE GRANARY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. One of the two THE GRANARY sales was for above the average price, whilst the other was 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
2017 13 MAR	£415,000	£348,597	19% above HPI
2010 4 MAY	£130,000	£259,280	50% below HPI

THE GRANARY 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 two THE GRANARY sales from May 2010 and March 2017 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 2010 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the March 2017 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might THE GRANARY be worth now?

THE GRANARY might now be worth an estimated £579,187.

This is based on house price inflation of 39.6%, between March 2017 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 39.6% inflationary increase is applied to the most recent sale price for THE GRANARY of £415,000 on 13th March 2017. For the value to have increased from £415,000 to £579,187 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of THE GRANARY has moved in line with the HPI for detached houses in the Rutland local authority area.
• The March 2017 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of THE GRANARY has not materially changed since March 2017.

How Large is THE GRANARY?

THE GRANARY is 140m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the smallest 50% of detached houses houses in Greetham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Greetham, and where THE GRANARY lies on this distribution: 43% of detached houses houses are smaller than THE GRANARY, and 57% of houses are larger. Note that EPC data is not available for all properties in Greetham.

THE GRANARY: Plot and Title Map

THE GRANARY sits on a plot of roughly 0.094 of an acre, or 381m². The below map shows the location of THE GRANARY, 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 GRANARY). 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 GRANARY?

THE GRANARY is located on GREAT LANE in GREETHAM, in the LE15 postcode district. The below map shows the position of THE GRANARY on GREAT LANE.