1, NENE CRESCENT, OAKHAM, LE15 6SG - £195,000

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 NENE CRESCENT is a small extended detached house of 100m², built sometime between 1950 and 1966. It was last sold for £195,000 in November 2015, which was around 43% below the average November 2015 detached price in the Rutland local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

1 NENE CRESCENT Sold Prices

Land registry data shows three sales for 1 NENE CRESCENT 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. All of the three 1 NENE CRESCENT sales were for below 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
2015 27 NOV	£195,000	£340,783	43% below HPI
2006 27 MAR	£220,000	£276,325	20% below HPI
2002 11 NOV	£126,500	£210,256	40% below HPI

1 NENE CRESCENT 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 1 NENE CRESCENT sales between November 2002 and November 2015 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 March 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2015 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 1 NENE CRESCENT?

1 NENE CRESCENT is 100m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% 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 NENE CRESCENT lies on this distribution: 31% of detached houses are smaller than 1 NENE CRESCENT, and 68% of houses are larger. Note that EPC data is not available for all properties in Oakham.

1 NENE CRESCENT: Plot and Title Map

1 NENE CRESCENT sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 1 NENE CRESCENT, 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 NENE CRESCENT). 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 NENE CRESCENT?

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