11, GLEBE WAY, OAKHAM, LE15 6LX - £72,000

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

11 GLEBE WAY is a very small detached house of 56m², built sometime between 1967 and 1975. It was last sold for £72,000 in March 1999, which was around 35% below the average March 1999 detached price in the Rutland local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was B.

11 GLEBE WAY Sold Prices

Land registry data shows two sales for 11 GLEBE WAY 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 11 GLEBE WAY 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
1999 26 MAR	£72,000	£110,676	35% below HPI
1998 25 AUG	£60,000	£123,182	51% below HPI

11 GLEBE WAY 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 11 GLEBE WAY sales from August 1998 and March 1999 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 August 1998 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the March 1999 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 11 GLEBE WAY?

11 GLEBE WAY is 56m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 10% of detached houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 11 GLEBE WAY lies on this distribution: Less than 1% of detached houses are smaller than 11 GLEBE WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Oakham.

11 GLEBE WAY: Plot and Title Map

11 GLEBE WAY sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 11 GLEBE 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 11 GLEBE 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 11 GLEBE WAY?

11 GLEBE WAY is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 11 on GLEBE WAY.