1, TYNE ROAD, OAKHAM, LE15 6SJ - £289,000

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 TYNE ROAD is a large extended detached house of 152m², built sometime between 1967 and 1975. It was last sold for £289,000 in October 2013, which was around 7% below the average October 2013 detached price in the Rutland local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

1 TYNE ROAD Sold Prices

Land registry data shows two sales for 1 TYNE ROAD 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 TYNE ROAD 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
2013 15 OCT	£289,000	£310,865	7% below HPI
2003 17 NOV	£176,000	£238,504	26% below HPI

1 TYNE ROAD 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 TYNE ROAD sales from November 2003 and October 2013 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 November 2003 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the October 2013 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 1 TYNE ROAD?

1 TYNE ROAD is 152m², which includes one extension, according to the EPC inspection conducted in November 2011. 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 TYNE ROAD lies on this distribution: 78% of detached houses are smaller than 1 TYNE ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Oakham.

1 TYNE ROAD: Plot and Title Map

1 TYNE ROAD sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 1 TYNE ROAD, 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 TYNE ROAD). 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 TYNE ROAD?

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