3, PARTRIDGE WAY, OAKHAM, LE15 6BX - £525,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 PARTRIDGE WAY is a very large extended detached house of 165m², built sometime between 1983 and 1990, which could now be worth an estimated £549,210. It was last sold for £525,000 in August 2022, which was around 10% above the average August 2022 detached price in the Rutland local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

3 PARTRIDGE WAY Sold Prices

Land registry data shows six sales for 3 PARTRIDGE WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the six 3 PARTRIDGE WAY sales were for above 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 2 AUG	£525,000	£475,779	10% above HPI
2018 19 OCT	£452,500	£400,235	13% above HPI
2008 17 OCT	£346,250	£259,023	34% above HPI
2006 7 JUL	£287,000	£260,831	10% above HPI
2002 15 NOV	£249,500	£199,200	25% above HPI
1997 6 JUN	£120,000	£97,786	23% above HPI

3 PARTRIDGE 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 six 3 PARTRIDGE WAY sales between June 1997 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 October 2018 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the August 2022 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 3 PARTRIDGE WAY be worth now?

3 PARTRIDGE WAY might now be worth an estimated £549,210.

This is based on house price inflation of 4.6%, between August 2022 and December 2024, 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 4.6% inflationary increase is applied to the most recent sale price for 3 PARTRIDGE WAY of £525,000 on 2nd August 2022. For the value to have increased from £525,000 to £549,210 over the one year and eight months to December 2024, the following assumptions must hold true:

• The value of 3 PARTRIDGE WAY has moved in line with the HPI for detached houses in the Rutland local authority area.
• The August 2022 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PARTRIDGE WAY has not materially changed since August 2022.

How Large is 3 PARTRIDGE WAY?

3 PARTRIDGE WAY is 165m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 20% 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 PARTRIDGE WAY lies on this distribution: 83% of detached houses houses are smaller than 3 PARTRIDGE WAY, and 16% of houses are larger. Note that EPC data is not available for all properties in Oakham.

3 PARTRIDGE WAY: Plot and Title Map

3 PARTRIDGE WAY sits on a plot of roughly 44.9 acres, or 181,666m². The below map shows the location of 3 PARTRIDGE 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 PARTRIDGE 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 PARTRIDGE WAY?

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