38, KESTREL ROAD, OAKHAM, LE15 6BU - £139,000

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.

38 KESTREL ROAD is a very small detached house of 65m², built sometime between 1983 and 1990, which could now be worth an estimated £265,922. It was last sold for £139,000 in August 2009, which was around 45% below the average August 2009 detached price in the Rutland local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

38 KESTREL ROAD Sold Prices

Land registry data shows three sales for 38 KESTREL ROAD since 1^st 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 38 KESTREL ROAD 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 7 AUG	£139,000	£254,305	45% below HPI
2001 26 JAN	£80,500	£154,260	48% below HPI
1996 5 JAN	£46,000	£89,114	48% below HPI

38 KESTREL 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 three 38 KESTREL ROAD sales between January 1996 and August 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 January 2001 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the August 2009 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 38 KESTREL ROAD be worth now?

38 KESTREL ROAD might now be worth an estimated £265,922.

This is based on house price inflation of 91.3%, between August 2009 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 91.3% inflationary increase is applied to the most recent sale price for 38 KESTREL ROAD of £139,000 on 7th August 2009. For the value to have increased from £139,000 to £265,922 over the sixteen years and six months to February 2025, the following assumptions must hold true:

• The value of 38 KESTREL ROAD has moved in line with the HPI for detached houses in the Rutland local authority area.
• The August 2009 sale price of £139,000 represented a fair market value for the property.
• The size, condition, and specification of 38 KESTREL ROAD has not materially changed since August 2009.

How Large is 38 KESTREL ROAD?

38 KESTREL ROAD is 65m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 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 38 KESTREL ROAD lies on this distribution: 2% of detached houses houses are smaller than 38 KESTREL ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Oakham.

38 KESTREL ROAD: Plot and Title Map

38 KESTREL ROAD sits on a plot of roughly 44.9 acres, or 181,666m². The below map shows the location of 38 KESTREL 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 38 KESTREL 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 38 KESTREL ROAD?

38 KESTREL ROAD is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 38 on KESTREL ROAD.