14, REDLAND ROAD, OAKHAM, LE15 6PJ - £395,000

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 REDLAND ROAD is a large extended detached house of 140m², built sometime between 1950 and 1966. It was last sold for £395,000 in July 2024, which was around 20% below the average July 2024 detached price in the Rutland local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

14 REDLAND ROAD Sold Prices

Land registry data shows three sales for 14 REDLAND 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 REDLAND 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
2024 26 JUL	£395,000	£496,813	20% below HPI
2013 26 JUN	£208,000	£290,977	29% below HPI
2001 29 OCT	£93,500	£164,374	43% below HPI

14 REDLAND 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 REDLAND ROAD sales between October 2001 and July 2024 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 2013 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2024 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 14 REDLAND ROAD?

14 REDLAND ROAD is 140m², which includes three extensions, according to the EPC inspection conducted in March 2024. This puts it in the largest 40% 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 REDLAND ROAD lies on this distribution: 69% of detached houses are smaller than 14 REDLAND ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Oakham.

14 REDLAND ROAD: Plot and Title Map

14 REDLAND ROAD sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 14 REDLAND 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 REDLAND 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 REDLAND ROAD?

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