Housing Market Analysis for LOWER FARM CLOSE, LE15 8RB

Are you looking to understand LE15 8RB house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Rutland postcode.

For the location information and nearby amenities in the LE15 8RB area, explore the LE15 8RB Area information page.
For comprehensive crime statistics in the LE15 8RB area, explore the LE15 8RB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LE15 8RB postcode area, The average prices are as follows,

  • Detached
    • The average price is around £798,500 median price is £900,000 Standard Deviation is £458,998 with Total Sold: 5
    • The Last 5 Year average price is £1,180,000 with Total Sold: 2
    • The most recent sale happened at this postcode is NORTHBROOK HOUSE LOWER FARM CLOSE: £1,460,000 (Sold on 14 Oct 2022)
    • The first recorded sale happened at this postcode is WILLOW BARN LOWER FARM CLOSE: £220,000 (Sold on 12 Feb 1999)
  • Terraced
    • The average price is around £560,500 median price is £510,000 Standard Deviation is £364,761 with Total Sold: 4
    • The most recent sale happened at this postcode is THE OLD GRANARY LOWER FARM CLOSE: £1,035,000 (Sold on 09 Dec 2016)
    • The first recorded sale happened at this postcode is SHAMBLES LOWER FARM CLOSE: £187,000 (Sold on 22 Oct 1999)
  • Semi-Detached
    • The average price is around £324,333 median price is £288,000 Standard Deviation is £68,295 with Total Sold: 3
    • The most recent sale happened at this postcode is THE OLD GRANARY LOWER FARM CLOSE: £420,000 (Sold on 07 Sep 2000)
    • The first recorded sale happened at this postcode is THE OLD GRANARY LOWER FARM CLOSE: £288,000 (Sold on 01 Jul 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average LE15 8RB house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£1,460,000 £4,282 1
2020£900,000 £4,091 1
2010£1,062,500 £3,116 1
1999£285,000 £1,026 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£1,035,000 £8,470 1
2013£795,000 £6,506 1
2001£225,0001
1999£187,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2000£420,000 £3,437 1
1999£265,0001
1998£288,000 £2,357 1

All the Sales in the LOWER FARM CLOSE, LE15 8RB

See the table below for more details on the sold house prices in the LE15 8RB, Rutland postcode.

AddressSold DatePrice% Change
NORTHBROOK HOUSE LOWER FARM CLOSEDetached, FreeholdArea: 341 Sq.mtrAge: 1996-200214 Oct 2022£1,460,00037.41%
27 Aug 2010£1,062,500203.57%
15 Mar 1999£350,000First Sale
MILL VIEW LOWER FARM CLOSEDetached, FreeholdArea: 220 Sq.mtrAge: 1996-200218 Dec 2020£900,000First Sale
THE OLD GRANARY LOWER FARM CLOSETerraced, FreeholdArea: 122.2 Sq.mtrAge: 1996-200209 Dec 2016£1,035,00030.19%
11 Nov 2013£795,00089.29%
07 Sep 2000£420,00045.83%
01 Jul 1998£288,000First Sale
SHAMBLES LOWER FARM CLOSETerraced, Freehold27 Jul 2001£225,00020.32%
22 Oct 1999£187,000First Sale
THE BARN LOWER FARM CLOSESemi-Detached, Freehold30 Jul 1999£265,000First Sale
WILLOW BARN LOWER FARM CLOSEDetached, Freehold12 Feb 1999£220,000First Sale

Check out the sold house prices near the LE15 8RB postcode. Properties currently for saleProperties currently for rent

LOWER FARM CLOSE, LE15 8RB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LE15 8RB postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the LE15 8RB postcode.

  • Semi-Detached
    • The average price is around £256,874 median price is £217,498 Standard Deviation is £226,770 with Total Sold: 92
    • The Last 5 Year average price is £407,375 with Total Sold: 16
    • The most recent sale happened at this postcode is , 14 BAYLEYS CLOSE: £245,000 (Sold on 28 May 2024)
    • The first recorded sale happened at this postcode is , 81 MAIN STREET: £143,000 (Sold on 29 Sep 1995)
  • Detached
    • The average price is around £385,205 median price is £320,000 Standard Deviation is £267,446 with Total Sold: 208
    • The Last 5 Year average price is £588,876 with Total Sold: 27
    • The most recent sale happened at this postcode is , 32 WILLOUGHBY DRIVE: £460,000 (Sold on 12 Apr 2024)
    • The first recorded sale happened at this postcode is , 63 WILLOUGHBY DRIVE: £91,000 (Sold on 28 Jul 1995)
  • Terraced
    • The average price is around £256,000 median price is £178,500 Standard Deviation is £236,815 with Total Sold: 20
    • The Last 5 Year average price is £170,900 with Total Sold: 5
    • The most recent sale happened at this postcode is , 15 MAIN STREET: £195,000 (Sold on 21 Feb 2023)
    • The first recorded sale happened at this postcode is , 69 WILLOUGHBY DRIVE: £87,000 (Sold on 16 Aug 1996)
  • Other
    • The average price is around £247,500 median price is £152,500 Standard Deviation is £272,867 with Total Sold: 4
    • The Last 5 Year average price is £485,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 35 MAIN STREET: £675,000 (Sold on 28 Aug 2020)
    • The first recorded sale happened at this postcode is , 2 MAIN STREET: £10,000 (Sold on 08 Jun 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£335,000 £4,586 2
2023£1,897,000 £6,174 1
2022£373,000 £4,457 2
2021£301,500 £3,052 6
2020£296,500 £2,576 4
2019£210,000 £2,059 1
2018£236,405 £2,663 11
2016£210,500 £2,561 2
2015£110,625 £2,368 2
2014£216,738 £2,545 4
2013£732,500 £3,479 2
2012£199,500 £2,678 4
2011£321,500 £1,431 2
2010£227,333 £2,373 3
2009£180,0001
2008£374,9752
2007£257,875 £2,302 6
2006£296,000 £1,931 3
2005£253,500 £2,013 4
2004£155,750 £2,089 2
2003£150,833 £2,668 3
2002£268,800 £1,797 4
2001£106,020 £1,825 3
2000£219,600 £1,812 5
1999£265,0001
1998£221,000 £1,815 2
1997£128,083 £2,000 3
1996£102,300 £814 5
1995£89,7502
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£460,0001
2023£369,333 £4,757 3
2022£771,183 £4,176 5
2021£739,000 £3,630 5
2020£509,167 £4,328 6
2019£532,250 £3,694 7
2018£625,438 £3,262 8
2017£524,500 £3,188 9
2016£522,083 £3,040 6
2015£503,000 £3,181 3
2014£274,750 £2,839 4
2013£375,964 £2,373 11
2012£458,833 £2,871 9
2011£308,700 £2,908 3
2010£552,591 £2,951 11
2009£388,000 £2,325 9
2008£676,666 £2,897 6
2007£359,708 £2,383 12
2006£357,857 £2,515 7
2005£331,000 £1,390 5
2004£365,990 £2,195 5
2003£287,282 £2,216 14
2002£254,571 £1,410 14
2001£298,800 £1,170 5
2000£153,300 £1,009 8
1999£224,136 £1,221 11
1998£151,417 £1,031 6
1997£139,375 £897 4
1996£98,083 £1,140 6
1995£160,800 £776 5
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£195,000 £2,566 1
2022£183,500 £1,995 2
2021£122,500 £1,424 1
2020£170,000 £3,208 1
2018£170,000 £3,208 1
2017£131,000 £2,472 1
2016£1,035,000 £8,470 1
2014£297,500 £2,658 1
2013£562,500 £4,618 2
2012£320,000 £2,353 1
2006£209,000 £1,849 2
2003£84,000 £1,585 1
2001£225,0001
1999£124,3333
1996£87,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£675,000 £3,516 1
2019£295,0001
2017£10,0001
2015£10,0001

House Type in LE15 8RB area

The most common house types in the LE15 8RB postcode area are Detached (89), Semi-detached (25), and Terraced (10).

Total125
Detached89
Semi-detached25
Terraced10
Flat1
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (65), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright65
Owned: Owns with a mortgage or loan35
Private rented: Private landlord or letting agency18
Social rented: Other social rented8
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the LE15 8RB have 2 people in household (56), and 1 person in household (32).

2 people in household56
1 person in household32
4 people in household16
3 people in household13
5 people in household6
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0