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
43 NENE CRESCENT is a large extended detached house of 141m², built sometime between 1967 and 1975. It was last sold for £385,000 in September 2023, which was around 27% below the average September 2023 detached price in the Rutland local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 43 NENE CRESCENT since 1st 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 43 NENE CRESCENT 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 |
---|---|---|---|
2023 8 SEP | £385,000 | £529,026 | 27% below HPI |
2011 4 NOV | £185,000 | £299,909 | 38% below HPI |
The below graph shows the average detached house price in the Rutland local authority area over time, sourced from the HPI. The two 43 NENE CRESCENT sales from November 2011 and September 2023 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 November 2011 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2023 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.
43 NENE CRESCENT is 141m², which includes one extension, according to the EPC inspection conducted in February 2023. 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 43 NENE CRESCENT lies on this distribution: 70% of detached houses are smaller than 43 NENE CRESCENT, and 29% of houses are larger. Note that EPC data is not available for all properties in Oakham.
43 NENE CRESCENT sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 43 NENE CRESCENT, 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 43 NENE CRESCENT). 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.
43 NENE CRESCENT is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 43 on NENE CRESCENT.