5, HERON ROAD, OAKHAM, LE15 6BN - £140,000

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 HERON ROAD is a very small semi-detached house of 65m², built sometime between 1983 and 1990. It was last sold for £140,000 in October 2013, which was around 55% below the average October 2013 detached price in the Rutland local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

5 HERON ROAD Sold Prices

Land registry data shows three sales for 5 HERON 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 5 HERON 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
2013 25 OCT	£140,000	£310,865	55% below HPI
2000 3 NOV	£66,500	£155,090	57% below HPI
2000 11 OCT	£66,500	£152,199	56% below HPI

5 HERON 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 5 HERON ROAD sales between October 2000 and October 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 November 2000 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the October 2013 sale, where it rises to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 5 HERON ROAD?

5 HERON ROAD is 65m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 10% 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 HERON ROAD lies on this distribution: 2% of detached houses are smaller than 5 HERON ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Oakham.

5 HERON ROAD: Plot and Title Map

5 HERON ROAD sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 5 HERON 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 5 HERON 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 5 HERON ROAD?

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