1, LODGE GARDENS, OAKHAM, LE15 6EP - £655,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 LODGE GARDENS is a large detached house of 150m², built sometime between 1976 and 1982. It was last sold for £655,000 in August 2021, which was around 46% above the average August 2021 detached price in the Rutland local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

1 LODGE GARDENS Sold Prices

Land registry data shows two sales for 1 LODGE GARDENS 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 1 LODGE GARDENS 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
2021 5 AUG	£655,000	£449,106	46% above HPI
2017 12 DEC	£497,500	£385,246	29% above HPI

1 LODGE GARDENS 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 1 LODGE GARDENS sales from December 2017 and August 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 December 2017 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the August 2021 sale, where it rises to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 1 LODGE GARDENS?

1 LODGE GARDENS is 150m² according to the EPC inspection conducted in May 2017. This puts it in the largest 30% of detached houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 1 LODGE GARDENS lies on this distribution: 77% of detached houses are smaller than 1 LODGE GARDENS, and 23% of houses are larger. Note that EPC data is not available for all properties in Oakham.

1 LODGE GARDENS: Plot and Title Map

1 LODGE GARDENS sits on a plot of roughly 0.200 of an acre, or 809m². The below map shows the location of 1 LODGE GARDENS, 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 1 LODGE GARDENS). 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 1 LODGE GARDENS?

1 LODGE GARDENS is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 1 on LODGE GARDENS.