41, EDMONTON WAY, OAKHAM, LE15 6JE - £480,000

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

41 EDMONTON WAY is a small detached house of 108m², built sometime between 1983 and 1990. It was last sold for £480,000 in November 2022, which was around 4% below the average November 2022 detached price in the Rutland local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

41 EDMONTON WAY Sold Prices

Land registry data shows four sales for 41 EDMONTON WAY 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 41 EDMONTON 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
2022 29 NOV	£480,000	£498,196	4% below HPI
2008 15 AUG	£300,000	£315,856	5% below HPI
2007 16 MAY	£250,000	£304,591	18% below HPI
2000 12 MAY	£128,000	£132,044	3% below HPI

41 EDMONTON 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 four 41 EDMONTON WAY sales between May 2000 and November 2022 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 August 2008 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2022 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 41 EDMONTON WAY?

41 EDMONTON WAY is 108m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 40% of detached houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 41 EDMONTON WAY lies on this distribution: 40% of detached houses are smaller than 41 EDMONTON WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Oakham.

41 EDMONTON WAY: Plot and Title Map

41 EDMONTON WAY sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 41 EDMONTON 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 41 EDMONTON 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 41 EDMONTON WAY?

41 EDMONTON WAY is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 41 on EDMONTON WAY.