18, MENDIP ROAD, OAKHAM, LE15 6NN - £147,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 MENDIP ROAD is a small extended detached house of 90m², built sometime between 1967 and 1975. It was last sold for £147,500 in December 2010, which was around 50% below the average December 2010 detached price in the Rutland local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

18 MENDIP ROAD Sold Prices

Land registry data shows two sales for 18 MENDIP 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 MENDIP 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
2010 23 DEC	£147,500	£296,522	50% below HPI
1999 7 MAY	£68,000	£118,808	43% below HPI

18 MENDIP 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 MENDIP ROAD sales from May 1999 and December 2010 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 1999 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the December 2010 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 18 MENDIP ROAD?

18 MENDIP ROAD is 90m², which includes one extension, according to the EPC inspection conducted in May 2013. 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 18 MENDIP ROAD lies on this distribution: 20% of detached houses are smaller than 18 MENDIP ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Oakham.

18 MENDIP ROAD: Plot and Title Map

18 MENDIP ROAD sits on a plot of roughly 28.8 acres, or 116,687m². The below map shows the location of 18 MENDIP 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 MENDIP 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 MENDIP ROAD?

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