3, LARCHFIELD, OAKHAM, LE15 6PP - £163,500

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.

3 LARCHFIELD is a very small extended detached house of 80m², built sometime between 1991 and 1995, which could now be worth an estimated £307,469. It was last sold for £163,500 in November 2005, which was around 37% below the average November 2005 detached price in the Rutland local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.

3 LARCHFIELD Sold Prices

Land registry data shows two sales for 3 LARCHFIELD 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 LARCHFIELD 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
2005 25 NOV	£163,500	£258,709	37% below HPI
1996 13 SEP	£59,500	£93,137	36% below HPI

3 LARCHFIELD 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 LARCHFIELD sales from September 1996 and November 2005 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 1996 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the November 2005 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 3 LARCHFIELD be worth now?

3 LARCHFIELD might now be worth an estimated £307,469.

This is based on house price inflation of 88.1%, between November 2005 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 88.1% inflationary increase is applied to the most recent sale price for 3 LARCHFIELD of £163,500 on 25th November 2005. For the value to have increased from £163,500 to £307,469 over the twenty years and nine months to February 2025, the following assumptions must hold true:

• The value of 3 LARCHFIELD has moved in line with the HPI for detached houses in the Rutland local authority area.
• The November 2005 sale price of £163,500 represented a fair market value for the property.
• The size, condition, and specification of 3 LARCHFIELD has not materially changed since November 2005.

How Large is 3 LARCHFIELD?

3 LARCHFIELD is 80m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 10% 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 3 LARCHFIELD lies on this distribution: 9% of detached houses houses are smaller than 3 LARCHFIELD, and 91% of houses are larger. Note that EPC data is not available for all properties in Oakham.

3 LARCHFIELD: Plot and Title Map

3 LARCHFIELD sits on a plot of roughly 0.041 of an acre, or 164m². The below map shows the location of 3 LARCHFIELD, 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 LARCHFIELD). 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 LARCHFIELD?

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