19, SPRINGFIELD WAY, OAKHAM, LE15 6QA - £300,000

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

19 SPRINGFIELD WAY is a very small detached house of 73m², built sometime between 1983 and 1990. It was last sold for £300,000 in August 2021, which was around 33% below the average August 2021 detached price in the Rutland local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

19 SPRINGFIELD WAY Sold Prices

Land registry data shows two sales for 19 SPRINGFIELD WAY 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 19 SPRINGFIELD WAY 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
2021 20 AUG	£300,000	£449,106	33% below HPI
2015 28 AUG	£193,000	£340,691	43% below HPI

19 SPRINGFIELD WAY 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 19 SPRINGFIELD WAY sales from August 2015 and August 2021 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 2015 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2021 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 19 SPRINGFIELD WAY?

19 SPRINGFIELD WAY is 73m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 19 SPRINGFIELD WAY lies on this distribution: 5% of detached houses are smaller than 19 SPRINGFIELD WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Oakham.

19 SPRINGFIELD WAY: Plot and Title Map

19 SPRINGFIELD WAY sits on a plot of roughly 57.5 acres, or 232,847m². The below map shows the location of 19 SPRINGFIELD WAY, 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 19 SPRINGFIELD WAY). 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 19 SPRINGFIELD WAY?

19 SPRINGFIELD WAY is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 19 on SPRINGFIELD WAY.