2, LARCHFIELD, OAKHAM, LE15 6PP - £189,950

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 LARCHFIELD is a very small detached house of 66m², built sometime between 1991 and 1995. It was last sold for £189,950 in February 2012, which was around 33% below the average February 2012 detached price in the Rutland local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

2 LARCHFIELD Sold Prices

Land registry data shows three sales for 2 LARCHFIELD 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 2 LARCHFIELD 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
2012 22 FEB	£189,950	£281,571	33% below HPI
2001 18 MAY	£90,000	£154,098	42% below HPI
1995 31 AUG	£59,500	£94,867	37% below HPI

2 LARCHFIELD 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 2 LARCHFIELD sales between August 1995 and February 2012 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 May 2001 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2012 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 2 LARCHFIELD?

2 LARCHFIELD is 66m² according to the EPC inspection conducted in March 2011. 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 2 LARCHFIELD lies on this distribution: 2% of detached houses are smaller than 2 LARCHFIELD, and 98% of houses are larger. Note that EPC data is not available for all properties in Oakham.

2 LARCHFIELD: Plot and Title Map

2 LARCHFIELD sits on a plot of roughly 57.5 acres, or 232,847m². The below map shows the location of 2 LARCHFIELD, 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 LARCHFIELD). 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 LARCHFIELD?

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