2, BLACKSMITHS AVENUE, BARLEYTHORPE, OAKHAM, LE15 7TD - £274,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 BLACKSMITHS AVENUE is a small detached house of 100m², which could now be worth an estimated £376,194. It was last sold for £274,950 in September 2016, which was around 23% below the average September 2016 detached price in the Rutland local authority area. The most recent EPC inspection was September 2013, where the current energy rating was B, and the potential energy rating was B.

2 BLACKSMITHS AVENUE Sold Prices

Land registry data shows two sales for 2 BLACKSMITHS AVENUE 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 2 BLACKSMITHS AVENUE 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
2016 27 SEP	£274,950	£355,579	23% below HPI
2013 6 SEP	£234,995	£288,387	19% below HPI

2 BLACKSMITHS AVENUE 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 2 BLACKSMITHS AVENUE sales from September 2013 and September 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 September 2013 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2016 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 2 BLACKSMITHS AVENUE be worth now?

2 BLACKSMITHS AVENUE might now be worth an estimated £376,194.

This is based on house price inflation of 36.8%, between September 2016 and February 2025, for detached houses, in the Rutland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 36.8% inflationary increase is applied to the most recent sale price for 2 BLACKSMITHS AVENUE of £274,950 on 27th September 2016. For the value to have increased from £274,950 to £376,194 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 BLACKSMITHS AVENUE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The September 2016 sale price of £274,950 represented a fair market value for the property.
• The size, condition, and specification of 2 BLACKSMITHS AVENUE has not materially changed since September 2016.

How Large is 2 BLACKSMITHS AVENUE?

2 BLACKSMITHS AVENUE is 100m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 40% of detached houses houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakham, and where 2 BLACKSMITHS AVENUE lies on this distribution: 31% of detached houses houses are smaller than 2 BLACKSMITHS AVENUE, and 68% of houses are larger. Note that EPC data is not available for all properties in Oakham.

2 BLACKSMITHS AVENUE: Plot and Title Map

2 BLACKSMITHS AVENUE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 2 BLACKSMITHS AVENUE, 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 BLACKSMITHS AVENUE). 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 BLACKSMITHS AVENUE?

2 BLACKSMITHS AVENUE is located in BARLEYTHORPE, in the LE15 postcode district. The below map shows the position of No. 2 on BLACKSMITHS AVENUE.