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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

17 GLEN DRIVE is a very small detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £480,217. It was last sold for £475,000 in February 2024, which was around 1% 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	£481,228	1% below HPI
2016 16 AUG	£245,000	£338,701	28% below HPI
2005 29 APR	£215,000	£244,598	12% 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 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2024 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 17 GLEN DRIVE be worth now?

17 GLEN DRIVE might now be worth an estimated £480,217.

This is based on house price inflation of 1.1%, between February 2024 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 1.1% inflationary increase is applied to the most recent sale price for 17 GLEN DRIVE of £475,000 on 23rd February 2024. For the value to have increased from £475,000 to £480,217 over the one year to February 2025, the following assumptions must hold true:

• The value of 17 GLEN DRIVE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The February 2024 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 17 GLEN DRIVE has not materially changed since February 2024.

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 houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakham, and where 17 GLEN DRIVE lies on this distribution: 6% of detached houses 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.