4, CHATER ROAD, OAKHAM, LE15 6RY - £250,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 CHATER ROAD is a midsized extended detached house of 118m², built sometime between 1950 and 1966, which could now be worth an estimated £397,722. It was last sold for £250,000 in November 2014, which was around 20% below the average November 2014 detached price in the Rutland local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was A.

4 CHATER ROAD Sold Prices

Land registry data shows five sales for 4 CHATER ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the five 4 CHATER 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
2014 18 NOV	£250,000	£312,856	20% below HPI
2012 6 NOV	£245,000	£279,467	12% below HPI
2010 6 AUG	£180,000	£282,476	36% below HPI
2001 11 MAY	£112,500	£145,995	23% below HPI
1998 2 JUL	£85,000	£115,031	26% below HPI

4 CHATER 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 five 4 CHATER ROAD sales between July 1998 and November 2014 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 November 2012 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2014 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 4 CHATER ROAD be worth now?

4 CHATER ROAD might now be worth an estimated £397,722.

This is based on house price inflation of 59.1%, between November 2014 and December 2024, 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 59.1% inflationary increase is applied to the most recent sale price for 4 CHATER ROAD of £250,000 on 18th November 2014. For the value to have increased from £250,000 to £397,722 over the nine years and eleven months to December 2024, the following assumptions must hold true:

• The value of 4 CHATER ROAD has moved in line with the HPI for detached houses in the Rutland local authority area.
• The November 2014 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CHATER ROAD has not materially changed since November 2014.

How Large is 4 CHATER ROAD?

4 CHATER ROAD is 118m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 50% 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 4 CHATER ROAD lies on this distribution: 50% of detached houses houses are smaller than 4 CHATER ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in Oakham.

4 CHATER ROAD: Plot and Title Map

4 CHATER ROAD sits on a plot of roughly 57.2 acres, or 231,545m². The below map shows the location of 4 CHATER 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 4 CHATER 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 4 CHATER ROAD?

4 CHATER ROAD is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 4 on CHATER ROAD.