5, BLACKSMITHS AVENUE, BARLEYTHORPE, OAKHAM, LE15 7TD - £319,950

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.

5 BLACKSMITHS AVENUE is a midsized detached house of 111m², which could now be worth an estimated £399,531. It was last sold for £319,950 in February 2019, which was around 18% below the average February 2019 detached price in the Rutland local authority area. The most recent EPC inspection was September 2013, where the current energy rating was B, and the potential energy rating was B.

5 BLACKSMITHS AVENUE Sold Prices

Land registry data shows two sales for 5 BLACKSMITHS AVENUE since 1^st 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 5 BLACKSMITHS AVENUE 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
2019 28 FEB	£319,950	£389,606	18% below HPI
2014 24 JAN	£250,000	£276,457	10% below HPI

5 BLACKSMITHS AVENUE 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 two 5 BLACKSMITHS AVENUE sales from January 2014 and February 2019 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 January 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the February 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 5 BLACKSMITHS AVENUE be worth now?

5 BLACKSMITHS AVENUE might now be worth an estimated £399,531.

This is based on house price inflation of 24.9%, between February 2019 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 24.9% inflationary increase is applied to the most recent sale price for 5 BLACKSMITHS AVENUE of £319,950 on 28th February 2019. For the value to have increased from £319,950 to £399,531 over the six years to February 2025, the following assumptions must hold true:

• The value of 5 BLACKSMITHS AVENUE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The February 2019 sale price of £319,950 represented a fair market value for the property.
• The size, condition, and specification of 5 BLACKSMITHS AVENUE has not materially changed since February 2019.

How Large is 5 BLACKSMITHS AVENUE?

5 BLACKSMITHS AVENUE is 111m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 50% 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 5 BLACKSMITHS AVENUE lies on this distribution: 43% of detached houses houses are smaller than 5 BLACKSMITHS AVENUE, and 55% of houses are larger. Note that EPC data is not available for all properties in Oakham.

5 BLACKSMITHS AVENUE: Plot and Title Map

5 BLACKSMITHS AVENUE sits on a plot of roughly 0.071 of an acre, or 289m². The below map shows the location of 5 BLACKSMITHS AVENUE, 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 BLACKSMITHS AVENUE). 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 BLACKSMITHS AVENUE?

5 BLACKSMITHS AVENUE is located in BARLEYTHORPE, in the LE15 postcode district. The below map shows the position of No. 5 on BLACKSMITHS AVENUE.