111, BRAUNSTON ROAD, OAKHAM, LE15 6LF - £295,000

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

111 BRAUNSTON ROAD is a small detached house of 93m², built sometime between 1950 and 1966. It was last sold for £295,000 in June 2022, which was around 40% below the average June 2022 detached price in the Rutland local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

111 BRAUNSTON ROAD Sold Prices

Land registry data shows three sales for 111 BRAUNSTON 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 111 BRAUNSTON 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
2022 10 JUN	£295,000	£489,294	40% below HPI
2005 21 OCT	£210,000	£276,168	24% below HPI
1999 27 MAY	£81,500	£118,808	31% below HPI

111 BRAUNSTON 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 111 BRAUNSTON ROAD sales between May 1999 and June 2022 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 October 2005 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2022 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 111 BRAUNSTON ROAD?

111 BRAUNSTON ROAD is 93m² according to the EPC inspection conducted in November 2021. This puts it in the smallest 30% of detached houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 111 BRAUNSTON ROAD lies on this distribution: 25% of detached houses are smaller than 111 BRAUNSTON ROAD, and 75% of houses are larger. Note that EPC data is not available for all properties in Oakham.

111 BRAUNSTON ROAD: Plot and Title Map

111 BRAUNSTON ROAD sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 111 BRAUNSTON 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 111 BRAUNSTON 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 111 BRAUNSTON ROAD?

111 BRAUNSTON ROAD is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 111 on BRAUNSTON ROAD.