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

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

21 TYNE ROAD is a very small detached house of 84m², built sometime between 1976 and 1982. It was last sold for £252,000 in March 2021, which was around 43% 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	£442,425	43% below HPI
2001 29 JUN	£91,000	£161,390	44% below HPI
1998 31 DEC	£62,500	£110,427	43% 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 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the March 2021 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

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 in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 21 TYNE ROAD lies on this distribution: 13% of detached 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 60.5 acres, or 244,795m². 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.