2, FAIR VIEW, OAKHAM, LE15 6UP - £245,000

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 FAIR VIEW is a small detached house of 105m², built sometime between 1976 and 1982. It was last sold for £245,000 in December 2013, which was around 19% below the average December 2013 detached price in the Rutland local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

2 FAIR VIEW Sold Prices

Land registry data shows two sales for 2 FAIR VIEW 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 FAIR VIEW 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
2013 12 DEC	£245,000	£303,032	19% below HPI
2003 6 JAN	£198,000	£214,303	8% below HPI

2 FAIR VIEW 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 FAIR VIEW sales from January 2003 and December 2013 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 January 2003 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2013 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 2 FAIR VIEW?

2 FAIR VIEW is 105m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 40% 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 FAIR VIEW lies on this distribution: 37% of detached houses are smaller than 2 FAIR VIEW, and 62% of houses are larger. Note that EPC data is not available for all properties in Oakham.

2 FAIR VIEW: Plot and Title Map

2 FAIR VIEW sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 2 FAIR VIEW, 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 FAIR VIEW). 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 FAIR VIEW?

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