2, RUTLAND COURT, BRAUNSTON ROAD, OAKHAM, LE15 6LG - £167,000

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 RUTLAND COURT is a very small semi-detached house of 50m², built sometime between 1991 and 1995, which could now be worth an estimated £199,038. It was last sold for £167,000 in April 2021, which was around 37% below the average April 2021 semi-detached price in the Rutland local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

2 RUTLAND COURT Sold Prices

Land registry data shows four sales for 2 RUTLAND COURT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Rutland local authority area for the corresponding sale date. All of the four 2 RUTLAND COURT 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
2021 23 APR	£167,000	£264,706	37% below HPI
2018 6 JUL	£140,000	£236,706	41% below HPI
2008 25 JUN	£110,000	£194,303	43% below HPI
2003 16 MAY	£92,000	£125,981	27% below HPI

2 RUTLAND COURT Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rutland local authority area over time, sourced from the HPI. The four 2 RUTLAND COURT sales between May 2003 and April 2021 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 2018 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the April 2021 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 2 RUTLAND COURT be worth now?

2 RUTLAND COURT might now be worth an estimated £199,038.

This is based on house price inflation of 19.2%, between April 2021 and February 2025, for semi-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 19.2% inflationary increase is applied to the most recent sale price for 2 RUTLAND COURT of £167,000 on 23rd April 2021. For the value to have increased from £167,000 to £199,038 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 2 RUTLAND COURT has moved in line with the HPI for semi-detached houses in the Rutland local authority area.
• The April 2021 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RUTLAND COURT has not materially changed since April 2021.

How Large is 2 RUTLAND COURT?

2 RUTLAND COURT is 50m² according to the EPC inspection conducted in January 2018. This puts it in the smallest 10% of semi-detached houses houses in Oakham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Oakham, and where 2 RUTLAND COURT lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 2 RUTLAND COURT, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Oakham.

2 RUTLAND COURT: Plot and Title Map

2 RUTLAND COURT sits on a plot of roughly 0.836 of an acre, or 3,385m². The below map shows the location of 2 RUTLAND COURT, 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 RUTLAND COURT). 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 RUTLAND COURT?

2 RUTLAND COURT is located on BRAUNSTON ROAD in OAKHAM, in the LE15 postcode district. The below map shows the position of 2 RUTLAND COURT on BRAUNSTON ROAD.