3, THE NOOK, WHISSENDINE, OAKHAM, LE15 7EZ - £320,000

3 THE NOOK is a very small extended detached house of 107m², built sometime between 1950 and 1966. It was last sold for £320,000 in October 2016, which was around 18% below the average October 2016 detached price in the Rutland local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

3 THE NOOK Sold Prices

Land registry data shows three sales for 3 THE NOOK 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 3 THE NOOK sales 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
2016 17 OCT	£320,000	£390,592	18% below HPI
2009 11 NOV	£248,250	£283,415	12% below HPI
2005 30 MAR	£250,000	£261,092	4% below HPI

3 THE NOOK 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 3 THE NOOK sales between March 2005 and October 2016 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 November 2009 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 3 THE NOOK?

3 THE NOOK is 107m², which includes one extension, according to the EPC inspection conducted in July 2009. This puts it in the smallest 20% of detached houses in Whissendine, based on EPC data. The below chart shows the distribution of detached houses by size in Whissendine, and where 3 THE NOOK lies on this distribution: 19% of detached houses are smaller than 3 THE NOOK, and 81% of houses are larger. Note that EPC data is not available for all properties in Whissendine.

3 THE NOOK: Plot and Title Map

3 THE NOOK sits on a plot of roughly 0.129 of an acre, or 524m². The below map shows the location of 3 THE NOOK, 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 3 THE NOOK). 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 3 THE NOOK?

3 THE NOOK is located in WHISSENDINE, in the LE15 postcode district. The below map shows the position of No. 3 on THE NOOK.