14, MENDIP ROAD, OAKHAM, LE15 6NN - £145,000

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

14 MENDIP ROAD is a very small detached house of 72m², built sometime between 1967 and 1975. It was last sold for £145,000 in July 2012, which was around 46% below the average July 2012 detached price in the Rutland local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

14 MENDIP ROAD Sold Prices

Land registry data shows three sales for 14 MENDIP ROAD since 1^st 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 14 MENDIP ROAD 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
2012 4 JUL	£145,000	£270,202	46% below HPI
2003 17 OCT	£132,500	£242,190	45% below HPI
1999 26 FEB	£61,000	£104,302	42% below HPI

14 MENDIP 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 three 14 MENDIP ROAD sales between February 1999 and July 2012 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 October 2003 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2012 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 14 MENDIP ROAD?

14 MENDIP ROAD is 72m² according to the EPC inspection conducted in May 2012. 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 14 MENDIP ROAD lies on this distribution: 5% of detached houses are smaller than 14 MENDIP ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Oakham.

14 MENDIP ROAD: Plot and Title Map

14 MENDIP ROAD sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 14 MENDIP 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 14 MENDIP 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 14 MENDIP ROAD?

14 MENDIP ROAD is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 14 on MENDIP ROAD.