26, GLEBE WAY, OAKHAM, LE15 6LX - £265,000

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

26 GLEBE WAY is a very large extended detached house of 174m², built sometime between 1967 and 1975. It was last sold for £265,000 in November 2020, which was around 41% below the average November 2020 detached price in the Rutland local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was C.

26 GLEBE WAY Sold Prices

Land registry data shows four sales for 26 GLEBE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. Most of the four 26 GLEBE WAY 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 3 NOV	£265,000	£446,589	41% below HPI
2008 26 JUN	£320,000	£317,978	1% above HPI
2005 13 DEC	£237,500	£264,786	10% below HPI
2000 15 DEC	£94,950	£150,275	37% below HPI

26 GLEBE WAY 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 four 26 GLEBE WAY sales between December 2000 and November 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 June 2008 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the November 2020 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 26 GLEBE WAY?

26 GLEBE WAY is 174m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 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 26 GLEBE WAY lies on this distribution: 87% of detached houses are smaller than 26 GLEBE WAY, and 13% of houses are larger. Note that EPC data is not available for all properties in Oakham.

26 GLEBE WAY: Plot and Title Map

26 GLEBE WAY sits on a plot of roughly 0.102 of an acre, or 411m². The below map shows the location of 26 GLEBE WAY, 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 26 GLEBE WAY). 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 26 GLEBE WAY?

26 GLEBE WAY is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 26 on GLEBE WAY.