4, HERON ROAD, OAKHAM, LE15 6BN - £141,000

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.

4 HERON ROAD is a very small detached house of 65m², built sometime between 1983 and 1990, which could now be worth an estimated £280,802. It was last sold for £141,000 in July 2009, which was around 42% below the average July 2009 detached price in the Rutland local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

4 HERON ROAD Sold Prices

Land registry data shows four sales for 4 HERON ROAD 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 4 HERON 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 3 JUL	£141,000	£244,294	42% below HPI
2003 23 JUL	£110,000	£220,639	50% below HPI
1999 28 APR	£56,000	£109,065	49% below HPI
1997 23 JUL	£55,000	£98,654	44% below HPI

4 HERON 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 four 4 HERON ROAD sales between July 1997 and July 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 July 2003 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the July 2009 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 4 HERON ROAD be worth now?

4 HERON ROAD might now be worth an estimated £280,802.

This is based on house price inflation of 99.2%, between July 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 99.2% inflationary increase is applied to the most recent sale price for 4 HERON ROAD of £141,000 on 3rd July 2009. For the value to have increased from £141,000 to £280,802 over the sixteen years and five months to February 2025, the following assumptions must hold true:

• The value of 4 HERON ROAD has moved in line with the HPI for detached houses in the Rutland local authority area.
• The July 2009 sale price of £141,000 represented a fair market value for the property.
• The size, condition, and specification of 4 HERON ROAD has not materially changed since July 2009.

How Large is 4 HERON ROAD?

4 HERON ROAD is 65m² according to the EPC inspection conducted in March 2009. 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 4 HERON ROAD lies on this distribution: 2% of detached houses houses are smaller than 4 HERON ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Oakham.

4 HERON ROAD: Plot and Title Map

4 HERON ROAD sits on a plot of roughly 44.9 acres, or 181,666m². The below map shows the location of 4 HERON 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 HERON 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 HERON ROAD?

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