4, EDWARDS WAY, OAKHAM, LE15 6GJ - £390,000

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

4 EDWARDS WAY is a midsized detached house of 127m². It was last sold for £390,000 in October 2021, which was around 15% below the average October 2021 detached price in the Rutland local authority area. The most recent EPC inspection was October 2015, where the current energy rating was B, and the potential energy rating was A.

4 EDWARDS WAY Sold Prices

Land registry data shows two sales for 4 EDWARDS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. Both of the two 4 EDWARDS 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
2021 11 OCT	£390,000	£456,889	15% below HPI
2015 30 OCT	£297,000	£344,541	14% below HPI

4 EDWARDS 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 two 4 EDWARDS WAY sales from October 2015 and October 2021 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 October 2015 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 4 EDWARDS WAY?

4 EDWARDS WAY is 127m² according to the EPC inspection conducted in October 2015. 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 4 EDWARDS WAY lies on this distribution: 58% of detached houses are smaller than 4 EDWARDS WAY, and 41% of houses are larger. Note that EPC data is not available for all properties in Oakham.

4 EDWARDS WAY: Plot and Title Map

4 EDWARDS WAY sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 4 EDWARDS 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 4 EDWARDS 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 4 EDWARDS WAY?

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