12, FARRER WAY, BARLEYTHORPE, OAKHAM, LE15 7GG - £245,000

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

12 FARRER WAY is a very small semi-detached house of 82m², which could now be worth an estimated £289,113. It was last sold for £245,000 in June 2021, which was around 11% below the average June 2021 semi-detached price in the Rutland local authority area. The most recent EPC inspection was April 2017, where the current energy rating was B, and the potential energy rating was B.

12 FARRER WAY Sold Prices

Land registry data shows two sales for 12 FARRER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Rutland local authority area for the corresponding sale date. One of the two 12 FARRER WAY sales was for below the average price, whilst the other was 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
2021 3 JUN	£245,000	£274,578	11% below HPI
2017 16 JUN	£225,000	£223,310	1% above HPI

12 FARRER 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 two 12 FARRER WAY sales from June 2017 and June 2021 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 June 2017 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the June 2021 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 12 FARRER WAY be worth now?

12 FARRER WAY might now be worth an estimated £289,113.

This is based on house price inflation of 18%, between June 2021 and December 2024, 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 18% inflationary increase is applied to the most recent sale price for 12 FARRER WAY of £245,000 on 3rd June 2021. For the value to have increased from £245,000 to £289,113 over the two years and six months to December 2024, the following assumptions must hold true:

• The value of 12 FARRER WAY has moved in line with the HPI for semi-detached houses in the Rutland local authority area.
• The June 2021 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 12 FARRER WAY has not materially changed since June 2021.

How Large is 12 FARRER WAY?

12 FARRER WAY is 82m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% 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 12 FARRER WAY lies on this distribution: 11% of semi-detached houses houses are smaller than 12 FARRER WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Oakham.

12 FARRER WAY: Plot and Title Map

12 FARRER WAY sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 12 FARRER 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 12 FARRER 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 12 FARRER WAY?

12 FARRER WAY is located in BARLEYTHORPE, in the LE15 postcode district. The below map shows the position of No. 12 on FARRER WAY.