1, WEST ROAD, OAKHAM, LE15 6LT - £145,051

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 WEST ROAD is a large detached house of 131m², built sometime between 1900 and 1929. It was last sold for £145,051 in June 2002, which was around 23% below the average June 2002 detached price in the Rutland local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was B.

1 WEST ROAD Sold Prices

Land registry data shows three sales for 1 WEST ROAD 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 WEST 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
2002 28 JUN	£145,051	£189,413	23% below HPI
2000 25 NOV	£105,000	£155,090	32% below HPI
1999 19 MAY	£93,500	£118,808	21% below HPI

1 WEST 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 three 1 WEST ROAD sales between May 1999 and June 2002 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 2000 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2002 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 1 WEST ROAD?

1 WEST ROAD is 131m² according to the EPC inspection conducted in June 2024. This puts it in the largest 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 WEST ROAD lies on this distribution: 61% of detached houses are smaller than 1 WEST ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Oakham.

1 WEST ROAD: Plot and Title Map

1 WEST ROAD sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 1 WEST 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 WEST 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 WEST ROAD?

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