1, MARTINSLEY PLACE, OAKHAM, LE15 6JH - £625,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 MARTINSLEY PLACE is a very large detached house of 175m², which could now be worth an estimated £747,534. It was last sold for £625,000 in July 2020, which was around 54% above the average July 2020 detached price in the Rutland local authority area. The most recent EPC inspection was October 2016, where the current energy rating was B, and the potential energy rating was B.

1 MARTINSLEY PLACE Sold Prices

Land registry data shows two sales for 1 MARTINSLEY PLACE 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 MARTINSLEY PLACE 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
2020 31 JUL	£625,000	£406,765	54% above HPI
2016 19 OCT	£545,000	£370,053	47% above HPI

1 MARTINSLEY PLACE 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 MARTINSLEY PLACE sales from October 2016 and July 2020 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 October 2016 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the July 2020 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 1 MARTINSLEY PLACE be worth now?

1 MARTINSLEY PLACE might now be worth an estimated £747,534.

This is based on house price inflation of 19.6%, between July 2020 and February 2025, for detached houses, in the Rutland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.6% inflationary increase is applied to the most recent sale price for 1 MARTINSLEY PLACE of £625,000 on 31st July 2020. For the value to have increased from £625,000 to £747,534 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 1 MARTINSLEY PLACE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The July 2020 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MARTINSLEY PLACE has not materially changed since July 2020.

How Large is 1 MARTINSLEY PLACE?

1 MARTINSLEY PLACE is 175m² according to the EPC inspection conducted in October 2016. This puts it in the largest 20% of detached houses houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakham, and where 1 MARTINSLEY PLACE lies on this distribution: 87% of detached houses houses are smaller than 1 MARTINSLEY PLACE, and 12% of houses are larger. Note that EPC data is not available for all properties in Oakham.

1 MARTINSLEY PLACE: Plot and Title Map

1 MARTINSLEY PLACE sits on a plot of roughly 70.7 acres, or 286,010m². The below map shows the location of 1 MARTINSLEY PLACE, 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 MARTINSLEY PLACE). 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 MARTINSLEY PLACE?

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