21, TYNE ROAD, OAKHAM, LE15 6SJ - £252,000

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.

21 TYNE ROAD is a very small detached house of 84m², built sometime between 1976 and 1982, which could now be worth an estimated £292,492. It was last sold for £252,000 in March 2021, which was around 40% below the average March 2021 detached price in the Rutland local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

21 TYNE ROAD Sold Prices

Land registry data shows three sales for 21 TYNE ROAD 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 21 TYNE 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
2021 23 MAR	£252,000	£419,161	40% below HPI
2001 29 JUN	£91,000	£152,904	40% below HPI
1998 31 DEC	£62,500	£104,620	40% below HPI

21 TYNE 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 three 21 TYNE ROAD sales between December 1998 and March 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 June 2001 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the March 2021 sale, which was also at 40% below the HPI.

What might 21 TYNE ROAD be worth now?

21 TYNE ROAD might now be worth an estimated £292,492.

This is based on house price inflation of 16.1%, between March 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 16.1% inflationary increase is applied to the most recent sale price for 21 TYNE ROAD of £252,000 on 23rd March 2021. For the value to have increased from £252,000 to £292,492 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 21 TYNE ROAD has moved in line with the HPI for detached houses in the Rutland local authority area.
• The March 2021 sale price of £252,000 represented a fair market value for the property.
• The size, condition, and specification of 21 TYNE ROAD has not materially changed since March 2021.

How Large is 21 TYNE ROAD?

21 TYNE ROAD is 84m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 20% 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 21 TYNE ROAD lies on this distribution: 13% of detached houses houses are smaller than 21 TYNE ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Oakham.

21 TYNE ROAD: Plot and Title Map

21 TYNE ROAD sits on a plot of roughly 60.4 acres, or 244,361m². The below map shows the location of 21 TYNE 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 21 TYNE 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 21 TYNE ROAD?

21 TYNE ROAD is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 21 on TYNE ROAD.