20, DERWENT DRIVE, OAKHAM, LE15 6SA - £287,500

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.

20 DERWENT DRIVE is a small extended detached house of 106m², built sometime between 1950 and 1966, which could now be worth an estimated £334,987. It was last sold for £287,500 in April 2021, which was around 31% below the average April 2021 detached price in the Rutland local authority area. The most recent EPC inspection was May 2013, where the current energy rating was E, and the potential energy rating was B.

20 DERWENT DRIVE Sold Prices

Land registry data shows two sales for 20 DERWENT DRIVE 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 20 DERWENT DRIVE 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 9 APR	£287,500	£417,546	31% below HPI
1999 3 DEC	£83,500	£123,598	32% below HPI

20 DERWENT DRIVE 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 20 DERWENT DRIVE sales from December 1999 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 December 1999 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 20 DERWENT DRIVE be worth now?

20 DERWENT DRIVE might now be worth an estimated £334,987.

This is based on house price inflation of 16.5%, between April 2021 and February 2025, for 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 16.5% inflationary increase is applied to the most recent sale price for 20 DERWENT DRIVE of £287,500 on 9th April 2021. For the value to have increased from £287,500 to £334,987 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 20 DERWENT DRIVE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The April 2021 sale price of £287,500 represented a fair market value for the property.
• The size, condition, and specification of 20 DERWENT DRIVE has not materially changed since April 2021.

How Large is 20 DERWENT DRIVE?

20 DERWENT DRIVE is 106m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% of detached houses houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakham, and where 20 DERWENT DRIVE lies on this distribution: 38% of detached houses houses are smaller than 20 DERWENT DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Oakham.

20 DERWENT DRIVE: Plot and Title Map

20 DERWENT DRIVE sits on a plot of roughly 0.087 of an acre, or 354m². The below map shows the location of 20 DERWENT DRIVE, 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 20 DERWENT DRIVE). 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 20 DERWENT DRIVE?

20 DERWENT DRIVE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 20 on DERWENT DRIVE.