CHATER COTTAGE, GLEBE ROAD, NORTH LUFFENHAM, OAKHAM, LE15 8JU - £546,000

CHATER COTTAGE is a large extended detached house of 150m², built sometime between 1976 and 1982. It was last sold for £546,000 in March 2021, which was around 23% above the average March 2021 detached price in the Rutland local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

CHATER COTTAGE Sold Prices

Land registry data shows four sales for CHATER COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. two of the four CHATER COTTAGE sales were for above the average price, and four 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
2021 26 MAR	£546,000	£442,425	23% above HPI
2016 25 NOV	£387,000	£393,841	2% below HPI
2002 21 FEB	£107,500	£176,413	39% below HPI
1996 11 NOV	£117,500	£100,025	17% above HPI

CHATER COTTAGE 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 four CHATER COTTAGE sales between November 1996 and March 2021 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 2016 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2021 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is CHATER COTTAGE?

CHATER COTTAGE is 150m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the largest 40% of detached houses in North Luffenham, based on EPC data. The below chart shows the distribution of detached houses by size in North Luffenham, and where CHATER COTTAGE lies on this distribution: 68% of detached houses are smaller than CHATER COTTAGE, and 32% of houses are larger. Note that EPC data is not available for all properties in North Luffenham.

CHATER COTTAGE: Plot and Title Map

CHATER COTTAGE sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of CHATER COTTAGE, 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 CHATER COTTAGE). 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 CHATER COTTAGE?

CHATER COTTAGE is located on GLEBE ROAD in NORTH LUFFENHAM, in the LE15 postcode district. The below map shows the position of CHATER COTTAGE on GLEBE ROAD.