1, NOEL AVENUE, OAKHAM, LE15 6SQ - £315,000

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 NOEL AVENUE is a small extended detached house of 102m², built sometime between 1967 and 1975. It was last sold for £315,000 in February 2020, which was around 26% below the average February 2020 detached price in the Rutland local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was D.

1 NOEL AVENUE Sold Prices

Land registry data shows four sales for 1 NOEL AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the four 1 NOEL AVENUE 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
2020 28 FEB	£315,000	£425,550	26% below HPI
2013 1 MAY	£197,000	£290,590	32% below HPI
2010 11 JUN	£150,000	£282,805	47% below HPI
2003 28 OCT	£165,000	£242,190	32% below HPI

1 NOEL AVENUE 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 four 1 NOEL AVENUE sales between October 2003 and February 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 May 2013 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2020 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 1 NOEL AVENUE?

1 NOEL AVENUE is 102m², which includes one extension, according to the EPC inspection conducted in January 2011. 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 NOEL AVENUE lies on this distribution: 35% of detached houses are smaller than 1 NOEL AVENUE, and 65% of houses are larger. Note that EPC data is not available for all properties in Oakham.

1 NOEL AVENUE: Plot and Title Map

1 NOEL AVENUE sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 1 NOEL AVENUE, 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 NOEL AVENUE). 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 NOEL AVENUE?

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