45, SCHOFIELD ROAD, OAKHAM, LE15 6FW - £400,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

45 SCHOFIELD ROAD is a small extended detached house of 101m², built sometime between 1996 and 2002. It was last sold for £400,000 in July 2023, which was around 28% below the average July 2023 detached price in the Rutland local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

45 SCHOFIELD ROAD Sold Prices

Land registry data shows three sales for 45 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. All of the three 45 SCHOFIELD 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
2023 24 JUL	£400,000	£558,556	28% below HPI
2002 9 JUL	£161,250	£198,533	19% below HPI
2000 19 MAY	£116,950	£132,044	11% below HPI

45 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 45 SCHOFIELD ROAD sales between May 2000 and July 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 July 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 45 SCHOFIELD ROAD?

45 SCHOFIELD ROAD is 101m², which includes one extension, according to the EPC inspection conducted in April 2023. 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 45 SCHOFIELD ROAD lies on this distribution: 32% of detached houses are smaller than 45 SCHOFIELD ROAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Oakham.

45 SCHOFIELD ROAD: Plot and Title Map

45 SCHOFIELD ROAD sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 45 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 45 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 45 SCHOFIELD ROAD?

45 SCHOFIELD ROAD is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 45 on SCHOFIELD ROAD.