4, GLEBE WAY, OAKHAM, LE15 6LX - £322,500

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 GLEBE WAY is a very large extended detached house of 200m², built sometime between 1967 and 1975. It was last sold for £322,500 in July 2011, which was around 8% above the average July 2011 detached price in the Rutland local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was C.

4 GLEBE WAY Sold Prices

Land registry data shows two sales for 4 GLEBE 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. One of the two 4 GLEBE WAY sales was for above the average price, whilst the other was 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
2011 27 JUL	£322,500	£298,785	8% above HPI
2008 15 JUL	£240,000	£318,730	25% below HPI

4 GLEBE 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 GLEBE WAY sales from July 2008 and July 2011 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 July 2008 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2011 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 4 GLEBE WAY?

4 GLEBE WAY is 200m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 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 4 GLEBE WAY lies on this distribution: 93% of detached houses are smaller than 4 GLEBE WAY, and 7% of houses are larger. Note that EPC data is not available for all properties in Oakham.

4 GLEBE WAY: Plot and Title Map

4 GLEBE WAY sits on a plot of roughly 0.147 of an acre, or 597m². The below map shows the location of 4 GLEBE 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 GLEBE 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 GLEBE WAY?

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