14, SPRINGFIELD WAY, OAKHAM, LE15 6QA - £299,950

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 SPRINGFIELD WAY is a midsized extended detached house of 113m², built sometime between 1967 and 1975. It was last sold for £299,950 in November 2016, which was around 24% below the average November 2016 detached price in the Rutland local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

14 SPRINGFIELD WAY Sold Prices

Land registry data shows two sales for 14 SPRINGFIELD WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. Both of the two 14 SPRINGFIELD 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
2016 24 NOV	£299,950	£393,841	24% below HPI
1996 22 NOV	£76,000	£100,025	24% below HPI

14 SPRINGFIELD WAY 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 two 14 SPRINGFIELD WAY sales from November 1996 and November 2016 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 1996 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2016 sale, which was also at 24% below the HPI.

How Large is 14 SPRINGFIELD WAY?

14 SPRINGFIELD WAY is 113m², which includes three extensions, according to the EPC inspection conducted in July 2016. This puts it in the smallest 50% 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 SPRINGFIELD WAY lies on this distribution: 45% of detached houses are smaller than 14 SPRINGFIELD WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Oakham.

14 SPRINGFIELD WAY: Plot and Title Map

14 SPRINGFIELD WAY sits on a plot of roughly 57.5 acres, or 232,847m². The below map shows the location of 14 SPRINGFIELD 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 SPRINGFIELD 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 SPRINGFIELD WAY?

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