45, TYNE ROAD, OAKHAM, LE15 6SJ - £245,000

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

45 TYNE ROAD is a small detached house of 96m², built sometime between 1967 and 1975. It was last sold for £245,000 in April 2016, which was around 29% below the average April 2016 detached price in the Rutland local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

45 TYNE ROAD Sold Prices

Land registry data shows four sales for 45 TYNE ROAD 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 45 TYNE 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
2016 27 APR	£245,000	£344,723	29% below HPI
2007 21 DEC	£232,000	£321,983	28% below HPI
2005 10 JUN	£208,000	£265,637	22% below HPI
2000 25 MAY	£102,000	£132,044	23% below HPI

45 TYNE 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 four 45 TYNE ROAD sales between May 2000 and April 2016 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 2007 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the April 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 45 TYNE ROAD?

45 TYNE ROAD is 96m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 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 45 TYNE ROAD lies on this distribution: 27% of detached houses are smaller than 45 TYNE ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Oakham.

45 TYNE ROAD: Plot and Title Map

45 TYNE ROAD sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 45 TYNE 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 TYNE 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 TYNE ROAD?

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