2, LEA VIEW, RYHALL, STAMFORD, PE9 4HZ - £485,000

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.

2 LEA VIEW is a small extended detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £452,714. It was last sold for £485,000 in July 2022, which was around 3% above the average July 2022 detached price in the Rutland local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

2 LEA VIEW Sold Prices

Land registry data shows three sales for 2 LEA VIEW 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. One of the three 2 LEA VIEW sales was for above the average price, whilst two 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 25 JUL	£485,000	£472,509	3% above HPI
2009 7 DEC	£220,000	£267,286	18% below HPI
2005 30 SEP	£238,000	£262,933	9% below HPI

2 LEA VIEW 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 2 LEA VIEW sales between September 2005 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 December 2009 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the July 2022 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 2 LEA VIEW be worth now?

2 LEA VIEW might now be worth an estimated £452,714.

This is based on house price deflation of 6.7%, between July 2022 and April 2026, 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 6.7% deflationary decrease is applied to the most recent sale price for 2 LEA VIEW of £485,000 on 25th July 2022. For the value to have decreased from £485,000 to £452,714 over the four years and three months to April 2026, the following assumptions must hold true:

• The value of 2 LEA VIEW has moved in line with the HPI for detached houses in the Rutland local authority area.
• The July 2022 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LEA VIEW has not materially changed since July 2022.

How Large is 2 LEA VIEW?

2 LEA VIEW is 115m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 30% of detached houses houses in Ryhall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ryhall, and where 2 LEA VIEW lies on this distribution: 30% of detached houses houses are smaller than 2 LEA VIEW, and 69% of houses are larger. Note that EPC data is not available for all properties in Ryhall.

2 LEA VIEW: Plot and Title Map

2 LEA VIEW sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 2 LEA VIEW, 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 2 LEA VIEW). 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 2 LEA VIEW?

2 LEA VIEW is located in RYHALL, in the PE9 postcode district. The below map shows the position of No. 2 on LEA VIEW.