27, SPRINGFIELD WAY, OAKHAM, LE15 6QA - £193,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

27 SPRINGFIELD WAY is a small detached house of 102m², built sometime between 1991 and 1995. It was last sold for £193,000 in June 2013, which was around 34% below the average June 2013 detached price in the Rutland local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

27 SPRINGFIELD WAY Sold Prices

Land registry data shows three sales for 27 SPRINGFIELD WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the three 27 SPRINGFIELD 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
2013 3 JUN	£193,000	£290,977	34% below HPI
2002 10 MAY	£137,000	£175,140	22% below HPI
1995 27 OCT	£76,000	£95,977	21% below HPI

27 SPRINGFIELD 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 three 27 SPRINGFIELD WAY sales between October 1995 and June 2013 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 May 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the June 2013 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 27 SPRINGFIELD WAY?

27 SPRINGFIELD WAY is 102m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 40% 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 SPRINGFIELD WAY lies on this distribution: 34% of detached houses are smaller than 27 SPRINGFIELD WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Oakham.

27 SPRINGFIELD WAY: Plot and Title Map

27 SPRINGFIELD WAY sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 27 SPRINGFIELD 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 SPRINGFIELD 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 SPRINGFIELD WAY?

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