27, BARMSTEDT DRIVE, OAKHAM, LE15 6RG - £575,000

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.

27 BARMSTEDT DRIVE is a large extended detached house of 154m², built sometime between 1996 and 2002, which could now be worth an estimated £658,774. It was last sold for £575,000 in September 2021, which was around 35% above the average September 2021 detached price in the Rutland local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

27 BARMSTEDT DRIVE Sold Prices

Land registry data shows two sales for 27 BARMSTEDT DRIVE 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 27 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
2021 28 SEP	£575,000	£424,645	35% above HPI
2001 20 DEC	£210,500	£160,203	31% above HPI

27 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 two 27 BARMSTEDT DRIVE sales from December 2001 and September 2021 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 2001 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the September 2021 sale, where it rises to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 27 BARMSTEDT DRIVE be worth now?

27 BARMSTEDT DRIVE might now be worth an estimated £658,774.

This is based on house price inflation of 14.6%, between September 2021 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 14.6% inflationary increase is applied to the most recent sale price for 27 BARMSTEDT DRIVE of £575,000 on 28th September 2021. For the value to have increased from £575,000 to £658,774 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 27 BARMSTEDT DRIVE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The September 2021 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 27 BARMSTEDT DRIVE has not materially changed since September 2021.

How Large is 27 BARMSTEDT DRIVE?

27 BARMSTEDT DRIVE is 154m², which includes two extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 30% 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 27 BARMSTEDT DRIVE lies on this distribution: 78% of detached houses houses are smaller than 27 BARMSTEDT DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Oakham.

27 BARMSTEDT DRIVE: Plot and Title Map

27 BARMSTEDT DRIVE sits on a plot of roughly 10.2 acres, or 41,425m². The below map shows the location of 27 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 27 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 27 BARMSTEDT DRIVE?

27 BARMSTEDT DRIVE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 27 on BARMSTEDT DRIVE.