37, HECTORS WAY, OAKHAM, LE15 6JZ - £370,000

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

37 HECTORS WAY is a midsized detached house of 116m², built sometime between 2003 and 2006. It was last sold for £370,000 in May 2023, which was around 27% below the average May 2023 detached price in the Rutland local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.

37 HECTORS WAY Sold Prices

Land registry data shows four sales for 37 HECTORS 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 37 HECTORS 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
2023 9 MAY	£370,000	£508,248	27% below HPI
2021 7 JAN	£280,000	£432,109	35% below HPI
2014 20 JUN	£223,000	£310,408	28% below HPI
2005 5 AUG	£239,995	£271,646	12% below HPI

37 HECTORS 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 37 HECTORS WAY sales between August 2005 and May 2023 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 January 2021 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the May 2023 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 37 HECTORS WAY?

37 HECTORS WAY is 116m² according to the EPC inspection conducted in October 2022. This puts it in the smallest 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 37 HECTORS WAY lies on this distribution: 48% of detached houses are smaller than 37 HECTORS WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Oakham.

37 HECTORS WAY: Plot and Title Map

37 HECTORS WAY sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 37 HECTORS 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 37 HECTORS 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 37 HECTORS WAY?

37 HECTORS WAY is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 37 on HECTORS WAY.