THE BARN, GLEBE ROAD, NORTH LUFFENHAM, OAKHAM, LE15 8JU - £405,000

THE BARN is a large detached house of 167m², built sometime before 1900. It was last sold for £405,000 in July 2018, which was around 2% above the average July 2018 detached price in the Rutland local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was B.

THE BARN Sold Prices

Land registry data shows four sales for THE BARN 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. All of the four THE BARN 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
2018 20 JUL	£405,000	£398,998	2% above HPI
2015 21 SEP	£402,500	£345,122	17% above HPI
2004 1 SEP	£405,000	£267,678	51% above HPI
1997 27 JAN	£180,000	£101,661	77% above HPI

THE BARN 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 THE BARN sales between January 1997 and July 2018 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 September 2015 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2018 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is THE BARN?

THE BARN is 167m² according to the EPC inspection conducted in April 2015. This puts it in the largest 30% 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 THE BARN lies on this distribution: 71% of detached houses are smaller than THE BARN, and 25% of houses are larger. Note that EPC data is not available for all properties in North Luffenham.

THE BARN: Plot and Title Map

THE BARN sits on a plot of roughly 0.233 of an acre, or 941m². The below map shows the location of THE BARN, 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 THE BARN). 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 THE BARN?

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