THE ELMS, MELTON ROAD, WHISSENDINE, OAKHAM, LE15 7EU - £445,000

THE ELMS is a very small detached house of 65m², built sometime between 2003 and 2006. It was last sold for £445,000 in June 2021, which was around 3% below the average June 2021 detached price in the Rutland local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

THE ELMS Sold Prices

Land registry data shows three sales for THE ELMS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. Two of the three THE ELMS sales were for below the average price, whilst one was 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
2021 10 JUN	£445,000	£457,665	3% below HPI
2019 9 AUG	£422,500	£417,677	1% above HPI
2011 23 JUN	£282,500	£293,354	4% below HPI

THE ELMS 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 three THE ELMS sales between June 2011 and June 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 August 2019 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2021 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is THE ELMS?

THE ELMS is 65m² according to the EPC inspection conducted in October 2010. 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 THE ELMS lies on this distribution: 2% of detached houses are smaller than THE ELMS, and 98% of houses are larger. Note that EPC data is not available for all properties in Whissendine.

THE ELMS: Plot and Title Map

THE ELMS sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of THE ELMS, 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 ELMS). 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 ELMS?

THE ELMS is located on MELTON ROAD in WHISSENDINE, in the LE15 postcode district. The below map shows the position of THE ELMS on MELTON ROAD.