2, THE BEECHES, UPPINGHAM, OAKHAM, LE15 9PG - £385,000

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 THE BEECHES is a very large detached house of 178m², built sometime between 1983 and 1990, which could now be worth an estimated £580,953. It was last sold for £385,000 in March 2014, which was around 32% above the average March 2014 detached price in the Rutland local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

2 THE BEECHES Sold Prices

Land registry data shows three sales for 2 THE BEECHES 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 2 THE BEECHES 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
2014 12 MAR	£385,000	£292,289	32% above HPI
1999 3 SEP	£195,000	£117,843	65% above HPI
1997 28 NOV	£175,000	£108,218	62% above HPI

2 THE BEECHES 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 THE BEECHES sales between November 1997 and March 2014 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 September 1999 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the March 2014 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 2 THE BEECHES be worth now?

2 THE BEECHES might now be worth an estimated £580,953.

This is based on house price inflation of 50.9%, between March 2014 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 50.9% inflationary increase is applied to the most recent sale price for 2 THE BEECHES of £385,000 on 12th March 2014. For the value to have increased from £385,000 to £580,953 over the eleven years and eleven months to April 2026, the following assumptions must hold true:

• The value of 2 THE BEECHES has moved in line with the HPI for detached houses in the Rutland local authority area.
• The March 2014 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE BEECHES has not materially changed since March 2014.

How Large is 2 THE BEECHES?

2 THE BEECHES is 178m² according to the EPC inspection conducted in October 2011. This puts it in the largest 20% of detached houses houses in Uppingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Uppingham, and where 2 THE BEECHES lies on this distribution: 88% of detached houses houses are smaller than 2 THE BEECHES, and 12% of houses are larger. Note that EPC data is not available for all properties in Uppingham.

2 THE BEECHES: Plot and Title Map

2 THE BEECHES sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 2 THE BEECHES, 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 THE BEECHES). 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 THE BEECHES?

2 THE BEECHES is located in UPPINGHAM, in the LE15 postcode district. The below map shows the position of No. 2 on THE BEECHES.