10, LARCHFIELD, OAKHAM, LE15 6PP - £161,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 LARCHFIELD is a midsized extended detached house of 127m², built sometime between 1996 and 2002, which could now be worth an estimated £363,185. It was last sold for £161,000 in July 2003, which was around 27% below the average July 2003 detached price in the Rutland local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

10 LARCHFIELD Sold Prices

Land registry data shows three sales for 10 LARCHFIELD 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 10 LARCHFIELD 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
2003 14 JUL	£161,000	£220,639	27% below HPI
1998 26 FEB	£81,000	£106,841	24% below HPI
1996 13 DEC	£77,500	£95,886	19% below HPI

10 LARCHFIELD 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 10 LARCHFIELD sales between December 1996 and July 2003 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 February 1998 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2003 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 10 LARCHFIELD be worth now?

10 LARCHFIELD might now be worth an estimated £363,185.

This is based on house price inflation of 125.6%, between July 2003 and December 2024, 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 125.6% inflationary increase is applied to the most recent sale price for 10 LARCHFIELD of £161,000 on 14th July 2003. For the value to have increased from £161,000 to £363,185 over the twenty years and seven months to December 2024, the following assumptions must hold true:

• The value of 10 LARCHFIELD has moved in line with the HPI for detached houses in the Rutland local authority area.
• The July 2003 sale price of £161,000 represented a fair market value for the property.
• The size, condition, and specification of 10 LARCHFIELD has not materially changed since July 2003.

How Large is 10 LARCHFIELD?

10 LARCHFIELD is 127m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 50% 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 10 LARCHFIELD lies on this distribution: 58% of detached houses houses are smaller than 10 LARCHFIELD, and 41% of houses are larger. Note that EPC data is not available for all properties in Oakham.

10 LARCHFIELD: Plot and Title Map

10 LARCHFIELD sits on a plot of roughly 57.6 acres, or 233,161m². The below map shows the location of 10 LARCHFIELD, 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 10 LARCHFIELD). 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 10 LARCHFIELD?

10 LARCHFIELD is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 10 on LARCHFIELD.