5, COLERIDGE WAY, OAKHAM, LE15 6GA - £265,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 COLERIDGE WAY is a very small detached house of 90m², which could now be worth an estimated £314,481. It was last sold for £265,000 in February 2021, which was around 35% below the average February 2021 detached price in the Rutland local authority area. The most recent EPC inspection was February 2012, where the current energy rating was B, and the potential energy rating was B.

5 COLERIDGE WAY Sold Prices

Land registry data shows three sales for 5 COLERIDGE WAY 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 COLERIDGE WAY 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
2021 15 FEB	£265,000	£409,964	35% below HPI
2017 13 APR	£225,000	£357,613	37% below HPI
2014 27 JUN	£214,950	£294,086	27% below HPI

5 COLERIDGE WAY 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 COLERIDGE WAY sales between June 2014 and February 2021 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 April 2017 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the February 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 5 COLERIDGE WAY be worth now?

5 COLERIDGE WAY might now be worth an estimated £314,481.

This is based on house price inflation of 18.7%, between February 2021 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 18.7% inflationary increase is applied to the most recent sale price for 5 COLERIDGE WAY of £265,000 on 15th February 2021. For the value to have increased from £265,000 to £314,481 over the four years to February 2025, the following assumptions must hold true:

• The value of 5 COLERIDGE WAY has moved in line with the HPI for detached houses in the Rutland local authority area.
• The February 2021 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 5 COLERIDGE WAY has not materially changed since February 2021.

How Large is 5 COLERIDGE WAY?

5 COLERIDGE WAY is 90m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 20% 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 COLERIDGE WAY lies on this distribution: 19% of detached houses houses are smaller than 5 COLERIDGE WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Oakham.

5 COLERIDGE WAY: Plot and Title Map

5 COLERIDGE WAY sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 5 COLERIDGE WAY, 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 COLERIDGE WAY). 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 COLERIDGE WAY?

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