15, GLEN DRIVE, OAKHAM, LE15 6SB - £300,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 GLEN DRIVE is a small extended detached house of 93m², built sometime between 1976 and 1982, which could now be worth an estimated £377,615. It was last sold for £300,000 in May 2018, which was around 22% below the average May 2018 detached price in the Rutland local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

15 GLEN DRIVE Sold Prices

Land registry data shows two sales for 15 GLEN DRIVE 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 15 GLEN DRIVE 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
2018 30 MAY	£300,000	£386,515	22% below HPI
2018 29 MAR	£295,000	£381,433	23% below HPI

15 GLEN DRIVE 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 15 GLEN DRIVE sales from March 2018 and May 2018 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 March 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2018 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 15 GLEN DRIVE be worth now?

15 GLEN DRIVE might now be worth an estimated £377,615.

This is based on house price inflation of 25.9%, between May 2018 and February 2025, for 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 25.9% inflationary increase is applied to the most recent sale price for 15 GLEN DRIVE of £300,000 on 30th May 2018. For the value to have increased from £300,000 to £377,615 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 15 GLEN DRIVE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The May 2018 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 15 GLEN DRIVE has not materially changed since May 2018.

How Large is 15 GLEN DRIVE?

15 GLEN DRIVE is 93m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 30% of detached houses houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakham, and where 15 GLEN DRIVE lies on this distribution: 25% of detached houses houses are smaller than 15 GLEN DRIVE, and 75% of houses are larger. Note that EPC data is not available for all properties in Oakham.

15 GLEN DRIVE: Plot and Title Map

15 GLEN DRIVE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 15 GLEN DRIVE, 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 15 GLEN DRIVE). 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 15 GLEN DRIVE?

15 GLEN DRIVE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 15 on GLEN DRIVE.