HATCHETS, NOOK LANE, EMPINGHAM, OAKHAM, LE15 8PT - £389,000

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.

HATCHETS is a large extended detached house of 233m², built sometime between 1996 and 2002, which could now be worth an estimated £718,960. It was last sold for £389,000 in August 2003, which was around 68% above the average August 2003 detached price in the Rutland local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was C.

HATCHETS Sold Prices

Land registry data shows two sales for HATCHETS 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 HATCHETS 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
2003 14 AUG	£389,000	£231,101	68% above HPI
2002 11 JAN	£335,000	£167,159	100% above HPI

HATCHETS 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 HATCHETS sales from January 2002 and August 2003 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 January 2002 sale was for 100% above the HPI. So the extrapolation line tracks at 100% above the HPI over time, until the August 2003 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

What might HATCHETS be worth now?

HATCHETS might now be worth an estimated £718,960.

This is based on house price inflation of 84.8%, between August 2003 and May 2026, 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 84.8% inflationary increase is applied to the most recent sale price for HATCHETS of £389,000 on 14th August 2003. For the value to have increased from £389,000 to £718,960 over the 23 years and three months to May 2026, the following assumptions must hold true:

• The value of HATCHETS has moved in line with the HPI for detached houses in the Rutland local authority area.
• The August 2003 sale price of £389,000 represented a fair market value for the property.
• The size, condition, and specification of HATCHETS has not materially changed since August 2003.

How Large is HATCHETS?

HATCHETS is 233m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 30% of detached houses houses in Empingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Empingham, and where HATCHETS lies on this distribution: 77% of detached houses houses are smaller than HATCHETS, and 23% of houses are larger. Note that EPC data is not available for all properties in Empingham.

HATCHETS: Plot and Title Map

HATCHETS sits on a plot of roughly 7.7 acres, or 31,030m². The below map shows the location of HATCHETS, 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 HATCHETS). 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 HATCHETS?

HATCHETS is located on NOOK LANE in EMPINGHAM, in the LE15 postcode district. The below map shows the position of HATCHETS on NOOK LANE.