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
34 NENE CRESCENT is a midsized detached house of 124m², built sometime between 1967 and 1975. It was last sold for £357,250 in May 2022, which was around 25% below the average May 2022 detached price in the Rutland local authority area. The most recent EPC inspection was May 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 34 NENE CRESCENT since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the three 34 NENE CRESCENT 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 |
---|---|---|---|
2022 20 MAY | £357,250 | £477,519 | 25% below HPI |
2014 27 AUG | £222,000 | £312,497 | 29% below HPI |
2007 14 DEC | £210,000 | £321,983 | 35% below HPI |
The below graph shows the average detached house price in the Rutland local authority area over time, sourced from the HPI. The three 34 NENE CRESCENT sales between December 2007 and May 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 August 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.
34 NENE CRESCENT is 124m² according to the EPC inspection conducted in May 2014. This puts it in the largest 50% of detached houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 34 NENE CRESCENT lies on this distribution: 56% of detached houses are smaller than 34 NENE CRESCENT, and 43% of houses are larger. Note that EPC data is not available for all properties in Oakham.
34 NENE CRESCENT sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 34 NENE CRESCENT, 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 34 NENE CRESCENT). 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.
34 NENE CRESCENT is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 34 on NENE CRESCENT.