8, THE LEAS, COTTESMORE, OAKHAM, LE15 7DG - £208,500

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.

8 THE LEAS is a very small extended terraced house of 84m², built sometime before 1900, which could now be worth an estimated £227,628. It was last sold for £208,500 in May 2024, which was around 11% below the average May 2024 terraced price in the Rutland local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was B.

8 THE LEAS Sold Prices

Land registry data shows three sales for 8 THE LEAS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Rutland local authority area for the corresponding sale date. All of the three 8 THE LEAS 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
2024 31 MAY	£208,500	£234,760	11% below HPI
2014 17 FEB	£139,950	£147,468	5% below HPI
2013 15 OCT	£95,000	£154,761	39% below HPI

8 THE LEAS 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 three 8 THE LEAS sales between October 2013 and May 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 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2024 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 8 THE LEAS be worth now?

8 THE LEAS might now be worth an estimated £227,628.

This is based on house price inflation of 9.2%, between May 2024 and June 2025, 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 9.2% inflationary increase is applied to the most recent sale price for 8 THE LEAS of £208,500 on 31st May 2024. For the value to have increased from £208,500 to £227,628 over the eleven months to June 2025, the following assumptions must hold true:

• The value of 8 THE LEAS has moved in line with the HPI for terraced houses in the Rutland local authority area.
• The May 2024 sale price of £208,500 represented a fair market value for the property.
• The size, condition, and specification of 8 THE LEAS has not materially changed since May 2024.

How Large is 8 THE LEAS?

8 THE LEAS is 84m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 20% of terraced houses houses in Cottesmore, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cottesmore, and where 8 THE LEAS lies on this distribution: 17% of terraced houses houses are smaller than 8 THE LEAS, and 83% of houses are larger. Note that EPC data is not available for all properties in Cottesmore.

8 THE LEAS: Plot and Title Map

8 THE LEAS sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 8 THE LEAS, 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 8 THE LEAS). 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 8 THE LEAS?

8 THE LEAS is located in COTTESMORE, in the LE15 postcode district. The below map shows the position of No. 8 on THE LEAS.