THE RAFTERS, STAPLEFORD ROAD, WHISSENDINE, OAKHAM, LE15 7HF - £412,500

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 RAFTERS is a large extended detached house of 181m², built sometime before 1900, which could now be worth an estimated £729,915. It was last sold for £412,500 in June 2012, which was around 50% above the average June 2012 detached price in the Rutland local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

THE RAFTERS Sold Prices

Land registry data shows three sales for THE RAFTERS 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 THE RAFTERS sales were 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
2012 15 JUN	£412,500	£274,945	50% above HPI
2006 24 FEB	£390,000	£257,738	51% above HPI
2002 29 NOV	£395,000	£199,200	98% above HPI

THE RAFTERS 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 RAFTERS sales between November 2002 and June 2012 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 February 2006 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the June 2012 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might THE RAFTERS be worth now?

THE RAFTERS might now be worth an estimated £729,915.

This is based on house price inflation of 76.9%, between June 2012 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 76.9% inflationary increase is applied to the most recent sale price for THE RAFTERS of £412,500 on 15th June 2012. For the value to have increased from £412,500 to £729,915 over the thirteen years and four months to February 2025, the following assumptions must hold true:

• The value of THE RAFTERS has moved in line with the HPI for detached houses in the Rutland local authority area.
• The June 2012 sale price of £412,500 represented a fair market value for the property.
• The size, condition, and specification of THE RAFTERS has not materially changed since June 2012.

How Large is THE RAFTERS?

THE RAFTERS is 181m², which includes one extension, according to the EPC inspection conducted in July 2011. This puts it in the largest 30% 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 RAFTERS lies on this distribution: 75% of detached houses houses are smaller than THE RAFTERS, and 25% of houses are larger. Note that EPC data is not available for all properties in Whissendine.

THE RAFTERS: Plot and Title Map

THE RAFTERS sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of THE RAFTERS, 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 RAFTERS). 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 RAFTERS?

THE RAFTERS is located on STAPLEFORD ROAD in WHISSENDINE, in the LE15 postcode district. The below map shows the position of THE RAFTERS on STAPLEFORD ROAD.