18, REDLAND ROAD, OAKHAM, LE15 6PJ - £340,000

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 REDLAND ROAD is a very large extended detached house of 160m², built sometime between 1967 and 1975. It was last sold for £340,000 in September 2019, which was around 18% below the average September 2019 detached price in the Rutland local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was C.

18 REDLAND ROAD Sold Prices

Land registry data shows three sales for 18 REDLAND ROAD 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 18 REDLAND 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
2019 3 SEP	£340,000	£412,963	18% below HPI
2014 28 FEB	£270,000	£295,970	9% below HPI
2001 27 JUL	£117,500	£158,646	26% below HPI

18 REDLAND 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 three 18 REDLAND ROAD sales between July 2001 and September 2019 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 February 2014 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 18 REDLAND ROAD?

18 REDLAND ROAD is 160m², which includes three extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 20% 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 REDLAND ROAD lies on this distribution: 81% of detached houses are smaller than 18 REDLAND ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Oakham.

18 REDLAND ROAD: Plot and Title Map

18 REDLAND ROAD sits on a plot of roughly 0.143 of an acre, or 577m². The below map shows the location of 18 REDLAND 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 REDLAND 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 REDLAND ROAD?

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