24, BLACKSMITHS AVENUE, BARLEYTHORPE, OAKHAM, LE15 7TD - £385,000

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.

24 BLACKSMITHS AVENUE is a large detached house of 139m², which could now be worth an estimated £491,440. It was last sold for £385,000 in August 2018, which was around 1% above the average August 2018 detached price in the Rutland local authority area. The most recent EPC inspection was February 2015, where the current energy rating was B, and the potential energy rating was B.

24 BLACKSMITHS AVENUE Sold Prices

Land registry data shows two sales for 24 BLACKSMITHS AVENUE 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. One of the two 24 BLACKSMITHS AVENUE sales was for above the average price, whilst the other 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
2018 16 AUG	£385,000	£381,140	1% above HPI
2014 12 DEC	£289,950	£312,096	7% below HPI

24 BLACKSMITHS AVENUE 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 24 BLACKSMITHS AVENUE sales from December 2014 and August 2018 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 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2018 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 24 BLACKSMITHS AVENUE be worth now?

24 BLACKSMITHS AVENUE might now be worth an estimated £491,440.

This is based on house price inflation of 27.6%, between August 2018 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 27.6% inflationary increase is applied to the most recent sale price for 24 BLACKSMITHS AVENUE of £385,000 on 16th August 2018. For the value to have increased from £385,000 to £491,440 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 24 BLACKSMITHS AVENUE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The August 2018 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 24 BLACKSMITHS AVENUE has not materially changed since August 2018.

How Large is 24 BLACKSMITHS AVENUE?

24 BLACKSMITHS AVENUE is 139m² according to the EPC inspection conducted in February 2015. This puts it in the largest 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 24 BLACKSMITHS AVENUE lies on this distribution: 68% of detached houses houses are smaller than 24 BLACKSMITHS AVENUE, and 31% of houses are larger. Note that EPC data is not available for all properties in Oakham.

24 BLACKSMITHS AVENUE: Plot and Title Map

24 BLACKSMITHS AVENUE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 24 BLACKSMITHS AVENUE, 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 24 BLACKSMITHS AVENUE). 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 24 BLACKSMITHS AVENUE?

24 BLACKSMITHS AVENUE is located in BARLEYTHORPE, in the LE15 postcode district. The below map shows the position of No. 24 on BLACKSMITHS AVENUE.