3, CHURCHILL ROAD, OAKHAM, LE15 6LH - £385,000

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

3 CHURCHILL ROAD is a midsized extended detached house of 111m², built sometime between 1967 and 1975. It was last sold for £385,000 in August 2022, which was around 23% below the average August 2022 detached price in the Rutland local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was C.

3 CHURCHILL ROAD Sold Prices

Land registry data shows two sales for 3 CHURCHILL ROAD 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 3 CHURCHILL ROAD 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
2022 24 AUG	£385,000	£502,186	23% below HPI
2018 23 JAN	£297,500	£389,288	24% below HPI

3 CHURCHILL ROAD 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 3 CHURCHILL ROAD sales from January 2018 and August 2022 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 January 2018 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2022 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 3 CHURCHILL ROAD?

3 CHURCHILL ROAD is 111m², which includes two extensions, according to the EPC inspection conducted in January 2017. 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 3 CHURCHILL ROAD lies on this distribution: 43% of detached houses are smaller than 3 CHURCHILL ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Oakham.

3 CHURCHILL ROAD: Plot and Title Map

3 CHURCHILL ROAD sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 3 CHURCHILL ROAD, 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 3 CHURCHILL ROAD). 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 3 CHURCHILL ROAD?

3 CHURCHILL ROAD is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 3 on CHURCHILL ROAD.