24, NENE CRESCENT, OAKHAM, LE15 6SG - £280,000

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

24 NENE CRESCENT is a midsized detached house of 110m², built sometime between 1950 and 1966. It was last sold for £280,000 in June 2020, which was around 30% below the average June 2020 detached price in the Rutland local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

24 NENE CRESCENT Sold Prices

Land registry data shows two sales for 24 NENE CRESCENT 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. Both of the two 24 NENE CRESCENT 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
2020 19 JUN	£280,000	£402,347	30% below HPI
2011 16 SEP	£185,000	£299,627	38% below HPI

24 NENE CRESCENT 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 NENE CRESCENT sales from September 2011 and June 2020 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 September 2011 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2020 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 24 NENE CRESCENT?

24 NENE CRESCENT is 110m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 50% of detached houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 24 NENE CRESCENT lies on this distribution: 42% of detached houses are smaller than 24 NENE CRESCENT, and 58% of houses are larger. Note that EPC data is not available for all properties in Oakham.

24 NENE CRESCENT: Plot and Title Map

24 NENE CRESCENT sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 24 NENE CRESCENT, 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 NENE CRESCENT). 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 NENE CRESCENT?

24 NENE CRESCENT is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 24 on NENE CRESCENT.