18, BUCKINGHAM ROAD, OAKHAM, LE15 6RX - £425,000

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.

18 BUCKINGHAM ROAD is a very small extended detached house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £438,069. It was last sold for £425,000 in November 2022, which was around 10% below the average November 2022 detached price in the Rutland local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

18 BUCKINGHAM ROAD Sold Prices

Land registry data shows two sales for 18 BUCKINGHAM ROAD 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 18 BUCKINGHAM 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
2022 25 NOV	£425,000	£471,999	10% below HPI
2018 19 JUN	£250,000	£386,798	35% below HPI

18 BUCKINGHAM 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 two 18 BUCKINGHAM ROAD sales from June 2018 and November 2022 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 June 2018 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 18 BUCKINGHAM ROAD be worth now?

18 BUCKINGHAM ROAD might now be worth an estimated £438,069.

This is based on house price inflation of 3.1%, between November 2022 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 3.1% inflationary increase is applied to the most recent sale price for 18 BUCKINGHAM ROAD of £425,000 on 25th November 2022. For the value to have increased from £425,000 to £438,069 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 18 BUCKINGHAM ROAD has moved in line with the HPI for detached houses in the Rutland local authority area.
• The November 2022 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 18 BUCKINGHAM ROAD has not materially changed since November 2022.

How Large is 18 BUCKINGHAM ROAD?

18 BUCKINGHAM ROAD is 80m², which includes one extension, according to the EPC inspection conducted in April 2018. 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 18 BUCKINGHAM ROAD lies on this distribution: 9% of detached houses houses are smaller than 18 BUCKINGHAM ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Oakham.

18 BUCKINGHAM ROAD: Plot and Title Map

18 BUCKINGHAM ROAD sits on a plot of roughly 0.171 of an acre, or 691m². The below map shows the location of 18 BUCKINGHAM 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 18 BUCKINGHAM 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 18 BUCKINGHAM ROAD?

18 BUCKINGHAM ROAD is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 18 on BUCKINGHAM ROAD.