11, THE VALE, OAKHAM, LE15 6JQ - £420,000

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 THE VALE is a large detached house of 132m², built sometime between 1967 and 1975. It was last sold for £420,000 in October 2020, which was around 8% below the average October 2020 detached price in the Rutland local authority area. The most recent EPC inspection was June 2019, where the current energy rating was E, and the potential energy rating was C.

11 THE VALE Sold Prices

Land registry data shows two sales for 11 THE VALE 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 THE VALE 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
2020 12 OCT	£420,000	£456,028	8% below HPI
2000 29 SEP	£140,000	£153,941	9% below HPI

11 THE VALE 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 THE VALE sales from September 2000 and October 2020 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 September 2000 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2020 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 11 THE VALE?

11 THE VALE is 132m² according to the EPC inspection conducted in June 2019. 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 11 THE VALE lies on this distribution: 62% of detached houses are smaller than 11 THE VALE, and 37% of houses are larger. Note that EPC data is not available for all properties in Oakham.

11 THE VALE: Plot and Title Map

11 THE VALE sits on a plot of roughly 29.7 acres, or 120,207m². The below map shows the location of 11 THE VALE, 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 THE VALE). 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 THE VALE?

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