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
13 THE VALE is a large extended detached house of 143m², built sometime between 1976 and 1982. It was last sold for £512,000 in November 2020, which was around 15% above the average November 2020 detached price in the Rutland local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 13 THE VALE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the three 13 THE VALE sales 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 |
---|---|---|---|
2020 13 NOV | £512,000 | £446,589 | 15% above HPI |
1999 29 NOV | £145,000 | £123,700 | 17% above HPI |
1999 9 FEB | £110,000 | £104,302 | 5% above HPI |
The below graph shows the average detached house price in the Rutland local authority area over time, sourced from the HPI. The three 13 THE VALE sales between February 1999 and November 2020 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 November 1999 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2020 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.
13 THE VALE is 143m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 30% of detached houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 13 THE VALE lies on this distribution: 71% of detached houses are smaller than 13 THE VALE, and 28% of houses are larger. Note that EPC data is not available for all properties in Oakham.
13 THE VALE sits on a plot of roughly 29.7 acres, or 120,207m². The below map shows the location of 13 THE VALE, 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 THE VALE). 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.
13 THE VALE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 13 on THE VALE.