12, SCHOFIELD ROAD, OAKHAM, LE15 6FW - £368,000

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 SCHOFIELD ROAD is a large extended detached house of 138m², built sometime between 1996 and 2002, which could now be worth an estimated £452,440. It was last sold for £368,000 in August 2019, which was around 7% below the average August 2019 detached price in the Rutland local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

12 SCHOFIELD ROAD Sold Prices

Land registry data shows four sales for 12 SCHOFIELD ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. two of the four 12 SCHOFIELD ROAD sales were for below the average price, and four were 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
2019 13 AUG	£368,000	£395,714	7% below HPI
2019 28 JUN	£350,000	£395,771	12% below HPI
2004 5 OCT	£275,000	£253,734	8% above HPI
2001 6 APR	£175,000	£142,324	23% above HPI

12 SCHOFIELD 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 four 12 SCHOFIELD ROAD sales between April 2001 and August 2019 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 2019 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2019 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 12 SCHOFIELD ROAD be worth now?

12 SCHOFIELD ROAD might now be worth an estimated £452,440.

This is based on house price inflation of 22.9%, between August 2019 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 22.9% inflationary increase is applied to the most recent sale price for 12 SCHOFIELD ROAD of £368,000 on 13th August 2019. For the value to have increased from £368,000 to £452,440 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 12 SCHOFIELD ROAD has moved in line with the HPI for detached houses in the Rutland local authority area.
• The August 2019 sale price of £368,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SCHOFIELD ROAD has not materially changed since August 2019.

How Large is 12 SCHOFIELD ROAD?

12 SCHOFIELD ROAD is 138m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the largest 40% 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 SCHOFIELD ROAD lies on this distribution: 67% of detached houses houses are smaller than 12 SCHOFIELD ROAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Oakham.

12 SCHOFIELD ROAD: Plot and Title Map

12 SCHOFIELD ROAD sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 12 SCHOFIELD 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 12 SCHOFIELD 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 12 SCHOFIELD ROAD?

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