17, GLEN DRIVE, OAKHAM, LE15 6SB - £475,000

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

17 GLEN DRIVE is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £475,000 in February 2024, which was around 6% below the average February 2024 detached price in the Rutland local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

17 GLEN DRIVE Sold Prices

Land registry data shows three sales for 17 GLEN DRIVE 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 17 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
2024 23 FEB	£475,000	£506,655	6% below HPI
2016 16 AUG	£245,000	£357,500	31% below HPI
2005 29 APR	£215,000	£258,174	17% below HPI

17 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 three 17 GLEN DRIVE sales between April 2005 and February 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 August 2016 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the February 2024 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 17 GLEN DRIVE?

17 GLEN DRIVE is 74m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% of detached houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 17 GLEN DRIVE lies on this distribution: 6% of detached houses are smaller than 17 GLEN DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Oakham.

17 GLEN DRIVE: Plot and Title Map

17 GLEN DRIVE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 17 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 17 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 17 GLEN DRIVE?

17 GLEN DRIVE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 17 on GLEN DRIVE.