16, FARRER WAY, BARLEYTHORPE, OAKHAM, LE15 7GG - £290,000

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

16 FARRER WAY is a small detached house of 90m². It was last sold for £290,000 in March 2023, which was around 40% below the average March 2023 detached price in the Rutland local authority area. The most recent EPC inspection was August 2018, where the current energy rating was B, and the potential energy rating was B.

16 FARRER WAY Sold Prices

Land registry data shows two sales for 16 FARRER 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 16 FARRER 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
2023 30 MAR	£290,000	£486,138	40% below HPI
2016 22 DEC	£239,995	£378,407	37% below HPI

16 FARRER 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 16 FARRER WAY sales from December 2016 and March 2023 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 December 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2023 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 16 FARRER WAY?

16 FARRER WAY is 90m² according to the EPC inspection conducted in August 2018. 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 16 FARRER WAY lies on this distribution: 20% of detached houses are smaller than 16 FARRER WAY, and 78% of houses are larger. Note that EPC data is not available for all properties in Oakham.

16 FARRER WAY: Plot and Title Map

16 FARRER WAY sits on a plot of roughly 0.049 of an acre, or 200m². The below map shows the location of 16 FARRER 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 16 FARRER 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 16 FARRER WAY?

16 FARRER WAY is located in BARLEYTHORPE, in the LE15 postcode district. The below map shows the position of No. 16 on FARRER WAY.