14, SCHOFIELD ROAD, OAKHAM, LE15 6FW - £340,000

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 SCHOFIELD ROAD is a small extended detached house of 94m², built sometime between 1996 and 2002. It was last sold for £340,000 in June 2022, which was around 31% below the average June 2022 detached price in the Rutland local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

14 SCHOFIELD ROAD Sold Prices

Land registry data shows six sales for 14 SCHOFIELD ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the six 14 SCHOFIELD 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
2022 15 JUN	£340,000	£489,294	31% below HPI
2018 2 NOV	£267,250	£411,283	35% below HPI
2009 9 APR	£165,000	£277,461	41% below HPI
2007 15 NOV	£215,000	£321,108	33% below HPI
2002 30 APR	£129,000	£169,505	24% below HPI
2001 24 APR	£110,000	£150,223	27% below HPI

14 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 six 14 SCHOFIELD ROAD sales between April 2001 and June 2022 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 2018 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2022 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 14 SCHOFIELD ROAD?

14 SCHOFIELD ROAD is 94m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the smallest 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 14 SCHOFIELD ROAD lies on this distribution: 26% of detached houses are smaller than 14 SCHOFIELD ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Oakham.

14 SCHOFIELD ROAD: Plot and Title Map

14 SCHOFIELD ROAD sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 14 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 14 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 14 SCHOFIELD ROAD?

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