18, RACECOURSE ROAD, BARLEYTHORPE, OAKHAM, LE15 7TF - £380,000

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

18 RACECOURSE ROAD is a large detached house of 148m². It was last sold for £380,000 in May 2024, which was around 20% below the average May 2024 detached price in the Rutland local authority area. The most recent EPC inspection was September 2015, where the current energy rating was B, and the potential energy rating was B.

18 RACECOURSE ROAD Sold Prices

Land registry data shows two sales for 18 RACECOURSE 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 RACECOURSE 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
2024 30 MAY	£380,000	£477,558	20% below HPI
2015 27 MAR	£310,000	£325,830	5% below HPI

18 RACECOURSE 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 RACECOURSE ROAD sales from March 2015 and May 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 March 2015 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2024 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 18 RACECOURSE ROAD?

18 RACECOURSE ROAD is 148m² according to the EPC inspection conducted in September 2015. This puts it in the largest 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 RACECOURSE ROAD lies on this distribution: 75% of detached houses are smaller than 18 RACECOURSE ROAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Oakham.

18 RACECOURSE ROAD: Plot and Title Map

18 RACECOURSE ROAD sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 18 RACECOURSE 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 RACECOURSE 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 RACECOURSE ROAD?

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