36, NIGHTINGALE WAY, OAKHAM, LE15 6ES - £175,000

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

36 NIGHTINGALE WAY is a very small detached house of 73m², built sometime between 1983 and 1990. It was last sold for £175,000 in April 2009, which was around 37% below the average April 2009 detached price in the Rutland local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

36 NIGHTINGALE WAY Sold Prices

Land registry data shows four sales for 36 NIGHTINGALE WAY 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 36 NIGHTINGALE WAY 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
2009 8 APR	£175,000	£277,461	37% below HPI
2008 1 AUG	£200,000	£315,856	37% below HPI
2002 20 NOV	£133,000	£210,256	37% below HPI
1996 17 MAY	£64,000	£92,181	31% below HPI

36 NIGHTINGALE 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 four 36 NIGHTINGALE WAY sales between May 1996 and April 2009 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 2008 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the April 2009 sale, which was also at 37% below the HPI.

How Large is 36 NIGHTINGALE WAY?

36 NIGHTINGALE WAY is 73m² according to the EPC inspection conducted in November 2023. 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 36 NIGHTINGALE WAY lies on this distribution: 5% of detached houses are smaller than 36 NIGHTINGALE WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Oakham.

36 NIGHTINGALE WAY: Plot and Title Map

36 NIGHTINGALE WAY sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 36 NIGHTINGALE 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 36 NIGHTINGALE 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 36 NIGHTINGALE WAY?

36 NIGHTINGALE WAY is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 36 on NIGHTINGALE WAY.