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 VICARAGE ROAD is a very small detached house of 71m², built sometime between 1976 and 1982. It was last sold for £342,000 in December 2007, which was around 6% above the average December 2007 detached price in the Rutland local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 21 VICARAGE ROAD since 1st 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. Two of the three 21 VICARAGE ROAD sales were for above the average price, whilst one was 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 |
---|---|---|---|
2007 6 DEC | £342,000 | £321,983 | 6% above HPI |
2004 7 DEC | £320,000 | £277,066 | 15% above HPI |
2002 18 DEC | £195,000 | £217,230 | 10% below HPI |
The below graph shows the average detached house price in the Rutland local authority area over time, sourced from the HPI. The three 21 VICARAGE ROAD sales between December 2002 and December 2007 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 2004 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the December 2007 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.
21 VICARAGE ROAD is 71m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% 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 VICARAGE ROAD lies on this distribution: 4% of detached houses are smaller than 21 VICARAGE ROAD, and 95% of houses are larger. Note that EPC data is not available for all properties in Oakham.
21 VICARAGE ROAD sits on a plot of roughly 48.4 acres, or 195,737m². The below map shows the location of 21 VICARAGE 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 VICARAGE 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.
21 VICARAGE ROAD is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 21 on VICARAGE ROAD.