5, BARMSTEDT DRIVE, OAKHAM, LE15 6RG - £315,000

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

5 BARMSTEDT DRIVE is a large detached house of 153m², built sometime between 1996 and 2002. It was last sold for £315,000 in March 2013, which was around 6% above the average March 2013 detached price in the Rutland local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

5 BARMSTEDT DRIVE Sold Prices

Land registry data shows three sales for 5 BARMSTEDT DRIVE 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 5 BARMSTEDT DRIVE sales 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
2013 28 MAR	£315,000	£297,783	6% above HPI
2006 23 MAR	£330,000	£276,325	19% above HPI
2002 2 AUG	£232,800	£206,127	13% above HPI

5 BARMSTEDT DRIVE 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 5 BARMSTEDT DRIVE sales between August 2002 and March 2013 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 March 2006 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the March 2013 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 5 BARMSTEDT DRIVE?

5 BARMSTEDT DRIVE is 153m² according to the EPC inspection conducted in June 2012. 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 5 BARMSTEDT DRIVE lies on this distribution: 78% of detached houses are smaller than 5 BARMSTEDT DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Oakham.

5 BARMSTEDT DRIVE: Plot and Title Map

5 BARMSTEDT DRIVE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 5 BARMSTEDT DRIVE, 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 5 BARMSTEDT DRIVE). 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 5 BARMSTEDT DRIVE?

5 BARMSTEDT DRIVE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 5 on BARMSTEDT DRIVE.