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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 HILLTOP DRIVE is a very small detached house of 51m², built sometime between 1991 and 1995, which could now be worth an estimated £255,696. It was last sold for £227,500 in October 2021, which was around 47% 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	£432,864	47% below HPI
1997 17 JAN	£54,995	£96,315	43% 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 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the October 2021 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 12 HILLTOP DRIVE be worth now?

12 HILLTOP DRIVE might now be worth an estimated £255,696.

This is based on house price inflation of 12.4%, between October 2021 and February 2025, for 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 12.4% inflationary increase is applied to the most recent sale price for 12 HILLTOP DRIVE of £227,500 on 29th October 2021. For the value to have increased from £227,500 to £255,696 over the four years and eight months to February 2025, the following assumptions must hold true:

• The value of 12 HILLTOP DRIVE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The October 2021 sale price of £227,500 represented a fair market value for the property.
• The size, condition, and specification of 12 HILLTOP DRIVE has not materially changed since October 2021.

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 houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakham, and where 12 HILLTOP DRIVE lies on this distribution: Less than 1% of detached houses 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.