106, WELLAND WAY, OAKHAM, LE15 6SZ - £253,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

106 WELLAND WAY is a small extended semi-detached house of 106m², built sometime between 1967 and 1975, which could now be worth an estimated £337,205. It was last sold for £253,000 in July 2018, which was around 7% above the average July 2018 semi-detached price in the Rutland local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

106 WELLAND WAY Sold Prices

Land registry data shows five sales for 106 WELLAND WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Rutland local authority area for the corresponding sale date. Most of the five 106 WELLAND WAY sales were for above 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
2018 12 JUL	£253,000	£236,706	7% above HPI
2013 18 DEC	£199,950	£181,792	10% above HPI
2006 22 SEP	£185,950	£171,955	8% above HPI
2001 8 NOV	£88,000	£93,160	6% below HPI
1998 6 FEB	£59,995	£64,865	8% below HPI

106 WELLAND WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rutland local authority area over time, sourced from the HPI. The five 106 WELLAND WAY sales between February 1998 and July 2018 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 December 2013 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2018 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 106 WELLAND WAY be worth now?

106 WELLAND WAY might now be worth an estimated £337,205.

This is based on house price inflation of 33.3%, between July 2018 and February 2025, for semi-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 33.3% inflationary increase is applied to the most recent sale price for 106 WELLAND WAY of £253,000 on 12th July 2018. For the value to have increased from £253,000 to £337,205 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 106 WELLAND WAY has moved in line with the HPI for semi-detached houses in the Rutland local authority area.
• The July 2018 sale price of £253,000 represented a fair market value for the property.
• The size, condition, and specification of 106 WELLAND WAY has not materially changed since July 2018.

How Large is 106 WELLAND WAY?

106 WELLAND WAY is 106m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 40% of semi-detached houses houses in Oakham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Oakham, and where 106 WELLAND WAY lies on this distribution: 38% of semi-detached houses houses are smaller than 106 WELLAND WAY, and 62% of houses are larger. Note that EPC data is not available for all properties in Oakham.

106 WELLAND WAY: Plot and Title Map

106 WELLAND WAY sits on a plot of roughly 57.2 acres, or 231,545m². The below map shows the location of 106 WELLAND WAY, 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 106 WELLAND WAY). 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 106 WELLAND WAY?

106 WELLAND WAY is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 106 on WELLAND WAY.