41, SCHOFIELD ROAD, OAKHAM, LE15 6FW - £482,500

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

41 SCHOFIELD ROAD is a large extended detached house of 141m², built sometime between 1996 and 2002. It was last sold for £482,500 in July 2024, which was around 3% below the average July 2024 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 C.

41 SCHOFIELD ROAD Sold Prices

Land registry data shows three sales for 41 SCHOFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. One of the three 41 SCHOFIELD ROAD sales was for below the average price, whilst two were for above 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
2024 16 JUL	£482,500	£496,813	3% below HPI
2003 19 DEC	£248,000	£231,197	7% above HPI
2000 12 MAY	£152,000	£132,044	15% above HPI

41 SCHOFIELD 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 three 41 SCHOFIELD ROAD sales between May 2000 and July 2024 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 December 2003 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2024 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 41 SCHOFIELD ROAD?

41 SCHOFIELD ROAD is 141m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 30% 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 SCHOFIELD ROAD lies on this distribution: 70% of detached houses are smaller than 41 SCHOFIELD ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Oakham.

41 SCHOFIELD ROAD: Plot and Title Map

41 SCHOFIELD ROAD sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 41 SCHOFIELD 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 41 SCHOFIELD 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 41 SCHOFIELD ROAD?

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