MEWS COTTAGE, OAKHAM ROAD, WHISSENDINE, OAKHAM, LE15 7HA - £185,000

MEWS COTTAGE is a very small extended detached house of 89m², built sometime between 1991 and 1995. It was last sold for £185,000 in December 2020, which was around 57% below the average December 2020 detached price in the Rutland local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

MEWS COTTAGE Sold Prices

Land registry data shows two sales for MEWS COTTAGE 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 MEWS COTTAGE 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
2020 4 DEC	£185,000	£431,290	57% below HPI
2002 8 MAR	£117,250	£169,930	31% below HPI

MEWS 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 two MEWS COTTAGE sales from March 2002 and December 2020 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 March 2002 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2020 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.

How Large is MEWS COTTAGE?

MEWS COTTAGE is 89m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% of detached houses in Whissendine, based on EPC data. The below chart shows the distribution of detached houses by size in Whissendine, and where MEWS COTTAGE lies on this distribution: 8% of detached houses are smaller than MEWS COTTAGE, and 91% of houses are larger. Note that EPC data is not available for all properties in Whissendine.

MEWS COTTAGE: Plot and Title Map

MEWS COTTAGE sits on a plot of roughly 0.021 of an acre, or 83m². The below map shows the location of MEWS 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 MEWS 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 MEWS COTTAGE?

MEWS COTTAGE is located on OAKHAM ROAD in WHISSENDINE, in the LE15 postcode district. The below map shows the position of MEWS COTTAGE on OAKHAM ROAD.