13, SPRINGFIELD WAY, OAKHAM, LE15 6QA - £232,000

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.

13 SPRINGFIELD WAY is a very small semi-detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £219,206. It was last sold for £232,000 in August 2023, which was around 31% below the average August 2023 semi-detached price in the Rutland local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

13 SPRINGFIELD WAY Sold Prices

Land registry data shows two sales for 13 SPRINGFIELD 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. Both of the two 13 SPRINGFIELD WAY 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
2023 21 AUG	£232,000	£333,901	31% below HPI
1996 12 DEC	£53,000	£58,646	10% below HPI

13 SPRINGFIELD 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 13 SPRINGFIELD WAY sales from December 1996 and August 2023 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 December 1996 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2023 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 13 SPRINGFIELD WAY be worth now?

13 SPRINGFIELD WAY might now be worth an estimated £219,206.

This is based on house price deflation of 5.5%, between August 2023 and February 2025, 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 5.5% deflationary decrease is applied to the most recent sale price for 13 SPRINGFIELD WAY of £232,000 on 21st August 2023. For the value to have decreased from £232,000 to £219,206 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 13 SPRINGFIELD WAY has moved in line with the HPI for semi-detached houses in the Rutland local authority area.
• The August 2023 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of 13 SPRINGFIELD WAY has not materially changed since August 2023.

How Large is 13 SPRINGFIELD WAY?

13 SPRINGFIELD WAY is 74m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% 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 13 SPRINGFIELD WAY lies on this distribution: 6% of semi-detached houses houses are smaller than 13 SPRINGFIELD WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Oakham.

13 SPRINGFIELD WAY: Plot and Title Map

13 SPRINGFIELD WAY sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 13 SPRINGFIELD 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 13 SPRINGFIELD 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 13 SPRINGFIELD WAY?

13 SPRINGFIELD WAY is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 13 on SPRINGFIELD WAY.