40, GREETHAM ROAD, COTTESMORE, OAKHAM, LE15 7DB - £225,000

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.

40 GREETHAM ROAD is a large detached house of 127m², built sometime between 1967 and 1975, which could now be worth an estimated £428,169. It was last sold for £225,000 in July 2009, which was around 8% below the average July 2009 detached price in the Rutland local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was D.

40 GREETHAM ROAD Sold Prices

Land registry data shows two sales for 40 GREETHAM ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. Both of the two 40 GREETHAM ROAD 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
2009 29 JUL	£225,000	£244,294	8% below HPI
2008 22 FEB	£165,000	£292,809	44% below HPI

40 GREETHAM ROAD 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 two 40 GREETHAM ROAD sales from February 2008 and July 2009 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 2008 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the July 2009 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 40 GREETHAM ROAD be worth now?

40 GREETHAM ROAD might now be worth an estimated £428,169.

This is based on house price inflation of 90.3%, between July 2009 and March 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 90.3% inflationary increase is applied to the most recent sale price for 40 GREETHAM ROAD of £225,000 on 29th July 2009. For the value to have increased from £225,000 to £428,169 over the sixteen years and four months to March 2025, the following assumptions must hold true:

• The value of 40 GREETHAM ROAD has moved in line with the HPI for detached houses in the Rutland local authority area.
• The July 2009 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 40 GREETHAM ROAD has not materially changed since July 2009.

How Large is 40 GREETHAM ROAD?

40 GREETHAM ROAD is 127m² according to the EPC inspection conducted in April 2009. This puts it in the largest 40% of detached houses houses in Cottesmore, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cottesmore, and where 40 GREETHAM ROAD lies on this distribution: 62% of detached houses houses are smaller than 40 GREETHAM ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Cottesmore.

40 GREETHAM ROAD: Plot and Title Map

40 GREETHAM ROAD sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 40 GREETHAM ROAD, 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 40 GREETHAM ROAD). 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 40 GREETHAM ROAD?

40 GREETHAM ROAD is located in COTTESMORE, in the LE15 postcode district. The below map shows the position of No. 40 on GREETHAM ROAD.