32, RUTLAND WAY, RYHALL, STAMFORD, PE9 4ET - £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.

32 RUTLAND WAY is a large extended detached house of 174m², built sometime between 1967 and 1975, which could now be worth an estimated £574,965. It was last sold for £485,000 in November 2019, which was around 19% above the average November 2019 detached price in the Rutland local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

32 RUTLAND WAY Sold Prices

Land registry data shows three sales for 32 RUTLAND WAY 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. The three 32 RUTLAND WAY sales were a mix of above the average price, and roughly equal to 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
2019 22 NOV	£485,000	£409,121	19% above HPI
2011 24 NOV	£285,000	£284,139	Close to HPI
1998 11 SEP	£119,950	£112,554	7% above HPI

32 RUTLAND WAY 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 32 RUTLAND WAY sales between September 1998 and November 2019 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 2011 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2019 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 32 RUTLAND WAY be worth now?

32 RUTLAND WAY might now be worth an estimated £574,965.

This is based on house price inflation of 18.5%, between November 2019 and June 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 18.5% inflationary increase is applied to the most recent sale price for 32 RUTLAND WAY of £485,000 on 22nd November 2019. For the value to have increased from £485,000 to £574,965 over the six years and five months to June 2025, the following assumptions must hold true:

• The value of 32 RUTLAND WAY has moved in line with the HPI for detached houses in the Rutland local authority area.
• The November 2019 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 32 RUTLAND WAY has not materially changed since November 2019.

How Large is 32 RUTLAND WAY?

32 RUTLAND WAY is 174m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 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 32 RUTLAND WAY lies on this distribution: 74% of detached houses houses are smaller than 32 RUTLAND WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Ryhall.

32 RUTLAND WAY: Plot and Title Map

32 RUTLAND WAY sits on a plot of roughly 0.160 of an acre, or 646m². The below map shows the location of 32 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 32 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 32 RUTLAND WAY?

32 RUTLAND WAY is located in RYHALL, in the PE9 postcode district. The below map shows the position of No. 32 on RUTLAND WAY.