47, MAIN STREET, EMPINGHAM, OAKHAM, LE15 8PR - £297,500

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.

47 MAIN STREET is a large extended terraced house of 199m², built sometime before 1900, which could now be worth an estimated £443,949. It was last sold for £297,500 in June 2014, which was around 91% above the average June 2014 terraced price in the Rutland local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

47 MAIN STREET Sold Prices

Land registry data shows four sales for 47 MAIN STREET 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. All of the four 47 MAIN STREET 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
2014 27 JUN	£297,500	£156,139	91% above HPI
2010 14 JUN	£250,000	£144,011	74% above HPI
2003 29 JUL	£245,000	£111,277	120% above HPI
1999 29 MAR	£155,000	£51,616	200% above HPI

47 MAIN STREET 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 47 MAIN STREET sales between March 1999 and June 2014 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 June 2010 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the June 2014 sale, where it rises to 91% above the HPI. The line then continues to track at 91% above the HPI.

What might 47 MAIN STREET be worth now?

47 MAIN STREET might now be worth an estimated £443,949.

This is based on house price inflation of 49.2%, between June 2014 and April 2026, 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 49.2% inflationary increase is applied to the most recent sale price for 47 MAIN STREET of £297,500 on 27th June 2014. For the value to have increased from £297,500 to £443,949 over the twelve years and two months to April 2026, the following assumptions must hold true:

• The value of 47 MAIN STREET has moved in line with the HPI for terraced houses in the Rutland local authority area.
• The June 2014 sale price of £297,500 represented a fair market value for the property.
• The size, condition, and specification of 47 MAIN STREET has not materially changed since June 2014.

How Large is 47 MAIN STREET?

47 MAIN STREET is 199m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 40% of terraced houses houses in Empingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Empingham, and where 47 MAIN STREET lies on this distribution: 70% of terraced houses houses are smaller than 47 MAIN STREET, and 30% of houses are larger. Note that EPC data is not available for all properties in Empingham.

47 MAIN STREET: Plot and Title Map

47 MAIN STREET sits on a plot of roughly 0.150 of an acre, or 607m². The below map shows the location of 47 MAIN STREET, 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 47 MAIN STREET). 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 47 MAIN STREET?

47 MAIN STREET is located in EMPINGHAM, in the LE15 postcode district. The below map shows the position of No. 47 on MAIN STREET.