16, PARTRIDGE WAY, OAKHAM, LE15 6BX - £350,000

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 PARTRIDGE WAY is a very small detached house of 89m², built sometime between 1983 and 1990. It was last sold for £350,000 in March 2024, which was around 29% below the average March 2024 detached price in the Rutland local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

16 PARTRIDGE WAY Sold Prices

Land registry data shows three sales for 16 PARTRIDGE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the three 16 PARTRIDGE 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
2024 1 MAR	£350,000	£491,696	29% below HPI
2016 16 DEC	£295,000	£378,407	22% below HPI
1997 10 JAN	£84,000	£101,661	17% below HPI

16 PARTRIDGE 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 three 16 PARTRIDGE WAY sales between January 1997 and March 2024 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 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2024 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 16 PARTRIDGE WAY?

16 PARTRIDGE WAY is 89m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 20% 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 PARTRIDGE WAY lies on this distribution: 18% of detached houses are smaller than 16 PARTRIDGE WAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Oakham.

16 PARTRIDGE WAY: Plot and Title Map

16 PARTRIDGE WAY sits on a plot of roughly 0.066 of an acre, or 265m². The below map shows the location of 16 PARTRIDGE 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 PARTRIDGE 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 PARTRIDGE WAY?

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