16, SCHOFIELD ROAD, OAKHAM, LE15 6FW - £227,500

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 SCHOFIELD ROAD is a small detached house of 90m², built sometime between 1996 and 2002. It was last sold for £227,500 in June 2014, which was around 27% below the average June 2014 detached price in the Rutland local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

16 SCHOFIELD ROAD Sold Prices

Land registry data shows four sales for 16 SCHOFIELD ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the four 16 SCHOFIELD ROAD 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
2014 23 JUN	£227,500	£310,408	27% below HPI
2006 24 MAY	£180,000	£273,378	34% below HPI
2003 27 JUN	£159,000	£225,730	30% below HPI
2000 18 FEB	£93,950	£137,443	32% below HPI

16 SCHOFIELD ROAD 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 four 16 SCHOFIELD ROAD sales between February 2000 and June 2014 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 May 2006 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2014 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 16 SCHOFIELD ROAD?

16 SCHOFIELD ROAD is 90m² according to the EPC inspection conducted in February 2014. 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 SCHOFIELD ROAD lies on this distribution: 20% of detached houses are smaller than 16 SCHOFIELD ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Oakham.

16 SCHOFIELD ROAD: Plot and Title Map

16 SCHOFIELD ROAD sits on a plot of roughly 0.055 of an acre, or 225m². The below map shows the location of 16 SCHOFIELD ROAD, 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 SCHOFIELD ROAD). 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 SCHOFIELD ROAD?

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