12, HILLTOP DRIVE, OAKHAM, LE15 6NF - £227,500

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

12 HILLTOP DRIVE is a very small detached house of 51m², built sometime between 1991 and 1995. It was last sold for £227,500 in October 2021, which was around 50% below the average October 2021 detached price in the Rutland local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

12 HILLTOP DRIVE Sold Prices

Land registry data shows two sales for 12 HILLTOP DRIVE 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 12 HILLTOP DRIVE 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
2021 29 OCT	£227,500	£456,889	50% below HPI
1997 17 JAN	£54,995	£101,661	46% below HPI

12 HILLTOP DRIVE 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 12 HILLTOP DRIVE sales from January 1997 and October 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 January 1997 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the October 2021 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 12 HILLTOP DRIVE?

12 HILLTOP DRIVE is 51m² according to the EPC inspection conducted in May 2020. 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 12 HILLTOP DRIVE lies on this distribution: Less than 1% of detached houses are smaller than 12 HILLTOP DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Oakham.

12 HILLTOP DRIVE: Plot and Title Map

12 HILLTOP DRIVE sits on a plot of roughly 64.6 acres, or 261,512m². The below map shows the location of 12 HILLTOP DRIVE, 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 HILLTOP DRIVE). 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 HILLTOP DRIVE?

12 HILLTOP DRIVE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 12 on HILLTOP DRIVE.