2, REDLAND ROAD, OAKHAM, LE15 6PJ - £300,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

2 REDLAND ROAD is a small detached house of 92m², built sometime between 1950 and 1966. It was last sold for £300,000 in December 2019, which was around 32% below the average December 2019 detached price in the Rutland local authority area. The most recent EPC inspection was October 2013, where the current energy rating was E, and the potential energy rating was B.

2 REDLAND ROAD Sold Prices

Land registry data shows four sales for 2 REDLAND ROAD 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 REDLAND ROAD 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
2019 18 DEC	£300,000	£440,360	32% below HPI
2015 24 JUL	£190,000	£325,999	42% below HPI
1999 4 MAY	£81,000	£118,808	32% below HPI
1995 30 MAR	£50,000	£88,705	44% below HPI

2 REDLAND ROAD 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 REDLAND ROAD sales between March 1995 and December 2019 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 July 2015 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the December 2019 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 2 REDLAND ROAD?

2 REDLAND ROAD is 92m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 30% 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 REDLAND ROAD lies on this distribution: 23% of detached houses are smaller than 2 REDLAND ROAD, and 76% of houses are larger. Note that EPC data is not available for all properties in Oakham.

2 REDLAND ROAD: Plot and Title Map

2 REDLAND ROAD sits on a plot of roughly 64.6 acres, or 261,512m². The below map shows the location of 2 REDLAND ROAD, 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 REDLAND ROAD). 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 REDLAND ROAD?

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