4, THE SPINNEY, COTTESMORE, OAKHAM, LE15 7BP - £775,000

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.

4 THE SPINNEY is a very large semi-detached house of 173m², built sometime between 1991 and 1995, which could now be worth an estimated £718,502. It was last sold for £775,000 in July 2024, which was around 160% above the average July 2024 semi-detached price in the Rutland local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

4 THE SPINNEY Sold Prices

Land registry data shows four sales for 4 THE SPINNEY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Rutland local authority area for the corresponding sale date. All of the four 4 THE SPINNEY 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
2024 5 JUL	£775,000	£297,544	160% above HPI
2011 21 FEB	£410,000	£183,425	124% above HPI
2003 2 DEC	£325,000	£137,763	136% above HPI
1996 22 OCT	£149,000	£56,928	162% above HPI

4 THE SPINNEY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rutland local authority area over time, sourced from the HPI. The four 4 THE SPINNEY sales between October 1996 and July 2024 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 February 2011 sale was for 124% above the HPI. So the extrapolation line tracks at 124% above the HPI over time, until the July 2024 sale, where it rises to 160% above the HPI. The line then continues to track at 160% above the HPI.

What might 4 THE SPINNEY be worth now?

4 THE SPINNEY might now be worth an estimated £718,502.

This is based on house price deflation of 7.3%, between July 2024 and May 2026, for semi-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 7.3% deflationary decrease is applied to the most recent sale price for 4 THE SPINNEY of £775,000 on 5th July 2024. For the value to have decreased from £775,000 to £718,502 over the two years and two months to May 2026, the following assumptions must hold true:

• The value of 4 THE SPINNEY has moved in line with the HPI for semi-detached houses in the Rutland local authority area.
• The July 2024 sale price of £775,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE SPINNEY has not materially changed since July 2024.

How Large is 4 THE SPINNEY?

4 THE SPINNEY is 173m² according to the EPC inspection conducted in November 2021. This puts it in the largest 20% of semi-detached houses houses in Cottesmore, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cottesmore, and where 4 THE SPINNEY lies on this distribution: 89% of semi-detached houses houses are smaller than 4 THE SPINNEY, and 11% of houses are larger. Note that EPC data is not available for all properties in Cottesmore.

4 THE SPINNEY: Plot and Title Map

4 THE SPINNEY sits on a plot of roughly 0.196 of an acre, or 792m². The below map shows the location of 4 THE SPINNEY, 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 4 THE SPINNEY). 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 4 THE SPINNEY?

4 THE SPINNEY is located in COTTESMORE, in the LE15 postcode district. The below map shows the position of No. 4 on THE SPINNEY.