21, RUTLAND WAY, RYHALL, STAMFORD, PE9 4ET - £213,000

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.

21 RUTLAND WAY is a very small extended terraced house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £280,868. It was last sold for £213,000 in March 2018, which was around 10% above the average March 2018 terraced price in the Rutland local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

21 RUTLAND WAY Sold Prices

Land registry data shows four sales for 21 RUTLAND WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Rutland local authority area for the corresponding sale date. two of the four 21 RUTLAND WAY sales were for above the average price, and four 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
2018 16 MAR	£213,000	£194,366	10% above HPI
2011 8 MAR	£134,000	£151,023	11% below HPI
2004 9 JUL	£129,950	£135,522	4% below HPI
2000 6 OCT	£72,500	£69,187	5% above HPI

21 RUTLAND WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Rutland local authority area over time, sourced from the HPI. The four 21 RUTLAND WAY sales between October 2000 and March 2018 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 March 2011 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2018 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 21 RUTLAND WAY be worth now?

21 RUTLAND WAY might now be worth an estimated £280,868.

This is based on house price inflation of 31.9%, between March 2018 and June 2025, for terraced 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 31.9% inflationary increase is applied to the most recent sale price for 21 RUTLAND WAY of £213,000 on 16th March 2018. For the value to have increased from £213,000 to £280,868 over the six years and nine months to June 2025, the following assumptions must hold true:

• The value of 21 RUTLAND WAY has moved in line with the HPI for terraced houses in the Rutland local authority area.
• The March 2018 sale price of £213,000 represented a fair market value for the property.
• The size, condition, and specification of 21 RUTLAND WAY has not materially changed since March 2018.

How Large is 21 RUTLAND WAY?

21 RUTLAND WAY is 78m², which includes one extension, according to the EPC inspection conducted in August 2010. This puts it in the smallest 10% of terraced houses houses in Ryhall, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ryhall, and where 21 RUTLAND WAY lies on this distribution: 4% of terraced houses houses are smaller than 21 RUTLAND WAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Ryhall.

21 RUTLAND WAY: Plot and Title Map

21 RUTLAND WAY sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 21 RUTLAND WAY, 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 21 RUTLAND WAY). 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 21 RUTLAND WAY?

21 RUTLAND WAY is located in RYHALL, in the PE9 postcode district. The below map shows the position of No. 21 on RUTLAND WAY.