2, SOUTH STREET, OAKHAM, LE15 6HY - £370,000

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 SOUTH STREET is a midsized detached house of 117m², built sometime between 1967 and 1975. It was last sold for £370,000 in June 2019, which was around 11% below the average June 2019 detached price in the Rutland local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was C.

2 SOUTH STREET Sold Prices

Land registry data shows four sales for 2 SOUTH STREET 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 SOUTH STREET 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 19 JUN	£370,000	£417,737	11% below HPI
2001 24 MAY	£124,000	£154,098	20% below HPI
2000 12 JUN	£60,000	£142,337	58% below HPI
1995 15 NOV	£82,500	£97,058	15% below HPI

2 SOUTH STREET 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 SOUTH STREET sales between November 1995 and June 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 May 2001 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2019 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 2 SOUTH STREET?

2 SOUTH STREET is 117m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 50% 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 SOUTH STREET lies on this distribution: 49% of detached houses are smaller than 2 SOUTH STREET, and 50% of houses are larger. Note that EPC data is not available for all properties in Oakham.

2 SOUTH STREET: Plot and Title Map

2 SOUTH STREET sits on a plot of roughly 29.7 acres, or 120,207m². The below map shows the location of 2 SOUTH STREET, 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 SOUTH STREET). 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 SOUTH STREET?

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