14, SHANNON WAY, OAKHAM, LE15 6SY - £155,000

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.

14 SHANNON WAY is a very small extended semi-detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £280,037. It was last sold for £155,000 in June 2013, which was around 11% below the average June 2013 semi-detached price in the Rutland local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

14 SHANNON WAY Sold Prices

Land registry data shows three sales for 14 SHANNON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Rutland local authority area for the corresponding sale date. All of the three 14 SHANNON 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
2013 7 JUN	£155,000	£174,622	11% below HPI
2012 10 FEB	£156,000	£168,626	7% below HPI
2009 14 AUG	£152,000	£162,680	7% below HPI

14 SHANNON 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 three 14 SHANNON WAY sales between August 2009 and June 2013 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 February 2012 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the June 2013 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 14 SHANNON WAY be worth now?

14 SHANNON WAY might now be worth an estimated £280,037.

This is based on house price inflation of 80.7%, between June 2013 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 80.7% inflationary increase is applied to the most recent sale price for 14 SHANNON WAY of £155,000 on 7th June 2013. For the value to have increased from £155,000 to £280,037 over the twelve years and four months to February 2025, the following assumptions must hold true:

• The value of 14 SHANNON WAY has moved in line with the HPI for semi-detached houses in the Rutland local authority area.
• The June 2013 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 14 SHANNON WAY has not materially changed since June 2013.

How Large is 14 SHANNON WAY?

14 SHANNON WAY is 84m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 20% 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 14 SHANNON WAY lies on this distribution: 13% of semi-detached houses houses are smaller than 14 SHANNON WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Oakham.

14 SHANNON WAY: Plot and Title Map

14 SHANNON WAY sits on a plot of roughly 57.2 acres, or 231,545m². The below map shows the location of 14 SHANNON 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 14 SHANNON 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 14 SHANNON WAY?

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