The Rutland county motto "multum in parvo" could not be more appropriate.
New figures show that Rutland, whose Latin motto means "much in little", is out performing the rest of the country when it comes to house price rises.
Figures show that homes in Rutland, the smallest county in mainland England, grew in value by 19 per cent last year - quicker than in Greater London where they rose by 18 per cent.
The average property in the county shot up by almost £50,000 in 12 months to reach £305,000.
This compares to the average in England and Wales of £279,000 - a rise of 11 per cent.
The data, collated by lettings agents LSL Property Services, show that Rutland was also the second strongest performing unitary council or county after Slough which had 21 per cent growth.
Grant Murray, partner at Murray Estate Agents in Oakham, said: "Rutland is a fabulous place to live and has access very good schools in Oakham, Uppingham and nearby Stamford.
"We had a very, very good year last year. We sold a lot of the top end properties."
He said they had sold the 18th century Clipsham Hall, a grade II* listed property which boasted 60 acres of parkland, nine acres of formal gardens, a collection of cottages and several parcels of woodland for close to the guide price of £3.85 million.
Mr Murray said: "There are a lot of expensive high quality properties which may push the average price up but even having said that, the truth is that Rutland is a great place to have a home.
"There is the beautiful countryside and we have the incomparable Rutland Water."
Rutland resident and local MP Alan Duncan said he was not surprised by the county's success.
He said: "I have been here for 25 years and have always known just how wonderful this area is."
Rutland was abolished as a county in 1974 when it became part of Leicestershire, but reinstated after a 23-year campaign.
Victory was declared in 1997 when it was allowed to be governed by its own council and it became the smallest unitary authority in England.
In 2007, Royal Mail officially recognised Rutland as a postal county again.
The statistics show that house prices rose by 3.4 percent to give an average price of £151,395 in Leicester which puts it in 83rd in the country.
Average house prices in Leicestershire rose by 8.1 percent to £204,095 which puts it in 48th position in the table for England and Wales.
| Location Oct 2013 Sep 2014 Oct 2014 Monthly change Annual change Rank 2013 Rank 2014 |
|---|
| Derby 146,140 154,396 152,878 -1.0% 4.6% 84 81 |
| Nottingham 126,265 137,487 137,413 -0.1% 8.8% 96 93 |
| Derbyshire 163,022 168,331 169,383 0.6% 3.9% 64 69 |
| Leicester 146,357 149,560 151,395 1.2% 3.4% 83 83 |
| Leicestershire 188,830 204,566 204,095 -0.2% 8.1% 49 48 |
| Lincolnshire 159,832 169,403 169,629 0.1% 6.1% 68 67 |
| Northamptonshire 189,699 198,536 199,240 0.4% 5.0% 48 50 |
| Nottinghamshire 159,060 168,425 169,966 0.9% 6.9% 69 66 |
| Rutland 256,684 286,436 304,822 6.4% 18.8% 15 13 |
| East Midlands 167,617 177,176 177,877 0.4% 6.1% NA NA |
