3, HARRINGTON WAY, OAKHAM, LE15 6SE - £220,000

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 HARRINGTON WAY is a small extended semi-detached house of 99m², built sometime between 1967 and 1975. It was last sold for £220,000 in October 2015, which was around 36% below the average October 2015 detached price in the Rutland local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was C.

3 HARRINGTON WAY Sold Prices

Land registry data shows five sales for 3 HARRINGTON 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 3 HARRINGTON 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
2015 8 OCT	£220,000	£344,541	36% below HPI
2013 20 SEP	£229,950	£304,394	24% below HPI
2007 31 MAY	£205,000	£304,591	33% below HPI
2005 5 AUG	£181,500	£271,646	33% below HPI
2001 22 AUG	£112,000	£160,049	30% below HPI

3 HARRINGTON 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 3 HARRINGTON WAY sales between August 2001 and October 2015 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 September 2013 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2015 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 3 HARRINGTON WAY?

3 HARRINGTON WAY is 99m², which includes two extensions, according to the EPC inspection conducted in April 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 3 HARRINGTON WAY lies on this distribution: 30% of detached houses are smaller than 3 HARRINGTON WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Oakham.

3 HARRINGTON WAY: Plot and Title Map

3 HARRINGTON WAY sits on a plot of roughly 0.078 of an acre, or 317m². The below map shows the location of 3 HARRINGTON 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 3 HARRINGTON 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 3 HARRINGTON WAY?

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