22, BARMSTEDT DRIVE, OAKHAM, LE15 6RG - £620,000

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.

22 BARMSTEDT DRIVE is a very large extended detached house of 175m², built sometime between 1996 and 2002, which could now be worth an estimated £610,486. It was last sold for £620,000 in October 2023, which was around 25% above the average October 2023 detached price in the Rutland local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

22 BARMSTEDT DRIVE Sold Prices

Land registry data shows three sales for 22 BARMSTEDT DRIVE 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 22 BARMSTEDT DRIVE sales were for above 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
2023 30 OCT	£620,000	£494,095	25% above HPI
2003 1 JUL	£305,000	£220,639	38% above HPI
2002 22 JUL	£281,500	£188,094	50% above HPI

22 BARMSTEDT 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 three 22 BARMSTEDT DRIVE sales between July 2002 and October 2023 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 July 2003 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the October 2023 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 22 BARMSTEDT DRIVE be worth now?

22 BARMSTEDT DRIVE might now be worth an estimated £610,486.

This is based on house price deflation of 1.5%, between October 2023 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 1.5% deflationary decrease is applied to the most recent sale price for 22 BARMSTEDT DRIVE of £620,000 on 30th October 2023. For the value to have decreased from £620,000 to £610,486 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 22 BARMSTEDT DRIVE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The October 2023 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of 22 BARMSTEDT DRIVE has not materially changed since October 2023.

How Large is 22 BARMSTEDT DRIVE?

22 BARMSTEDT DRIVE is 175m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 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 22 BARMSTEDT DRIVE lies on this distribution: 87% of detached houses houses are smaller than 22 BARMSTEDT DRIVE, and 12% of houses are larger. Note that EPC data is not available for all properties in Oakham.

22 BARMSTEDT DRIVE: Plot and Title Map

22 BARMSTEDT DRIVE sits on a plot of roughly 10.2 acres, or 41,425m². The below map shows the location of 22 BARMSTEDT 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 22 BARMSTEDT 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 22 BARMSTEDT DRIVE?

22 BARMSTEDT DRIVE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 22 on BARMSTEDT DRIVE.