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

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.

45 SCHOFIELD ROAD is a small extended detached house of 101m², built sometime between 1996 and 2002, which could now be worth an estimated £367,745. It was last sold for £400,000 in July 2023, which was around 24% 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	£529,185	24% below HPI
2002 9 JUL	£161,250	£188,094	14% below HPI
2000 19 MAY	£116,950	£125,101	7% 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 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the July 2023 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 45 SCHOFIELD ROAD be worth now?

45 SCHOFIELD ROAD might now be worth an estimated £367,745.

This is based on house price deflation of 8.1%, between July 2023 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 8.1% deflationary decrease is applied to the most recent sale price for 45 SCHOFIELD ROAD of £400,000 on 24th July 2023. For the value to have decreased from £400,000 to £367,745 over the two years and five months to February 2025, the following assumptions must hold true:

• The value of 45 SCHOFIELD ROAD has moved in line with the HPI for detached houses in the Rutland local authority area.
• The July 2023 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 45 SCHOFIELD ROAD has not materially changed since July 2023.

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 houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakham, and where 45 SCHOFIELD ROAD lies on this distribution: 32% of detached houses 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 57.6 acres, or 233,161m². 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.