3, VICARAGE ROAD, OAKHAM, LE15 6EG - £523,740

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 VICARAGE ROAD is a very large extended detached house of 191m², built sometime between 1950 and 1966, which could now be worth an estimated £635,606. It was last sold for £523,740 in March 2020, which was around 31% above the average March 2020 detached price in the Rutland local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was C.

3 VICARAGE ROAD Sold Prices

Land registry data shows four sales for 3 VICARAGE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the four 3 VICARAGE ROAD 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
2020 19 MAR	£523,740	£400,887	31% above HPI
2017 15 FEB	£455,000	£345,437	32% above HPI
2014 16 JAN	£375,000	£276,457	36% above HPI
2000 1 JUN	£173,000	£134,853	28% above HPI

3 VICARAGE 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 four 3 VICARAGE ROAD sales between June 2000 and March 2020 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 February 2017 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the March 2020 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 3 VICARAGE ROAD be worth now?

3 VICARAGE ROAD might now be worth an estimated £635,606.

This is based on house price inflation of 21.4%, between March 2020 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 21.4% inflationary increase is applied to the most recent sale price for 3 VICARAGE ROAD of £523,740 on 19th March 2020. For the value to have increased from £523,740 to £635,606 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 3 VICARAGE ROAD has moved in line with the HPI for detached houses in the Rutland local authority area.
• The March 2020 sale price of £523,740 represented a fair market value for the property.
• The size, condition, and specification of 3 VICARAGE ROAD has not materially changed since March 2020.

How Large is 3 VICARAGE ROAD?

3 VICARAGE ROAD is 191m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the largest 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 VICARAGE ROAD lies on this distribution: 91% of detached houses houses are smaller than 3 VICARAGE ROAD, and 9% of houses are larger. Note that EPC data is not available for all properties in Oakham.

3 VICARAGE ROAD: Plot and Title Map

3 VICARAGE ROAD sits on a plot of roughly 52.5 acres, or 212,300m². The below map shows the location of 3 VICARAGE 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 VICARAGE 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 VICARAGE ROAD?

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