27, HECTORS WAY, OAKHAM, LE15 6JZ - £285,000

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

27 HECTORS WAY is a small semi-detached house of 98m², built sometime between 2003 and 2006. It was last sold for £285,000 in December 2020, which was around 34% below the average December 2020 detached price in the Rutland local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

27 HECTORS WAY Sold Prices

Land registry data shows five sales for 27 HECTORS WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the five 27 HECTORS 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 17 DEC	£285,000	£431,290	34% below HPI
2017 30 NOV	£267,000	£394,029	32% below HPI
2014 8 APR	£206,000	£307,182	33% below HPI
2007 3 AUG	£225,000	£300,202	25% below HPI
2005 31 AUG	£197,500	£271,646	27% below HPI

27 HECTORS 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 five 27 HECTORS WAY sales between August 2005 and December 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 November 2017 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2020 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 27 HECTORS WAY?

27 HECTORS WAY is 98m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 30% of detached houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 27 HECTORS WAY lies on this distribution: 29% of detached houses are smaller than 27 HECTORS WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Oakham.

27 HECTORS WAY: Plot and Title Map

27 HECTORS WAY sits on a plot of roughly 28.8 acres, or 116,687m². The below map shows the location of 27 HECTORS 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 27 HECTORS 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 27 HECTORS WAY?

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