2, BARMSTEDT DRIVE, OAKHAM, LE15 6RG - £445,000

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

2 BARMSTEDT DRIVE is a very large detached house of 192m², built sometime between 1996 and 2002. It was last sold for £445,000 in February 2016, which was around 25% above the average February 2016 detached price in the Rutland local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

2 BARMSTEDT DRIVE Sold Prices

Land registry data shows four sales for 2 BARMSTEDT DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the four 2 BARMSTEDT DRIVE sales were for above 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
2016 25 FEB	£445,000	£354,901	25% above HPI
2010 31 MAR	£413,000	£300,192	38% above HPI
2003 15 JUL	£311,950	£232,885	34% above HPI
2001 19 JUN	£260,000	£161,390	61% above HPI

2 BARMSTEDT DRIVE 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 four 2 BARMSTEDT DRIVE sales between June 2001 and February 2016 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 2010 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the February 2016 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 2 BARMSTEDT DRIVE?

2 BARMSTEDT DRIVE is 192m² according to the EPC inspection conducted in June 2023. This puts it in the largest 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 2 BARMSTEDT DRIVE lies on this distribution: 91% of detached houses are smaller than 2 BARMSTEDT DRIVE, and 8% of houses are larger. Note that EPC data is not available for all properties in Oakham.

2 BARMSTEDT DRIVE: Plot and Title Map

2 BARMSTEDT DRIVE sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 2 BARMSTEDT DRIVE, 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 2 BARMSTEDT DRIVE). 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 2 BARMSTEDT DRIVE?

2 BARMSTEDT DRIVE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 2 on BARMSTEDT DRIVE.