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 RUTLAND COURT is a very small semi-detached house of 50m², built sometime between 1983 and 1990. It was last sold for £137,000 in October 2014, which was around 57% below the average October 2014 detached price in the Rutland local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 3 RUTLAND COURT since 1st 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 RUTLAND COURT 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 |
---|---|---|---|
2014 14 OCT | £137,000 | £319,484 | 57% below HPI |
1998 30 NOV | £53,000 | £117,978 | 55% below HPI |
The below graph shows the average detached house price in the Rutland local authority area over time, sourced from the HPI. The two 3 RUTLAND COURT sales from November 1998 and October 2014 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 November 1998 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the October 2014 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.
3 RUTLAND COURT is 50m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 10% 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 RUTLAND COURT lies on this distribution: Less than 1% of detached houses are smaller than 3 RUTLAND COURT, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Oakham.
3 RUTLAND COURT sits on a plot of roughly 0.837 of an acre, or 3,385m². The below map shows the location of 3 RUTLAND COURT, 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 RUTLAND COURT). 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.
3 RUTLAND COURT is located on BRAUNSTON ROAD in OAKHAM, in the LE15 postcode district. The below map shows the position of 3 RUTLAND COURT on BRAUNSTON ROAD.