5, LODGE GARDENS, OAKHAM, LE15 6EP - £440,000

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 LODGE GARDENS is a very small detached house of 88m², built sometime between 1983 and 1990. It was last sold for £440,000 in May 2015, which was around 39% above the average May 2015 detached price in the Rutland local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

5 LODGE GARDENS Sold Prices

Land registry data shows four sales for 5 LODGE GARDENS 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 5 LODGE GARDENS 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
2015 14 MAY	£440,000	£317,636	39% above HPI
2001 23 NOV	£285,000	£165,139	73% above HPI
1998 28 JUL	£195,000	£121,416	61% above HPI
1995 4 APR	£171,000	£93,068	84% above HPI

5 LODGE GARDENS 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 5 LODGE GARDENS sales between April 1995 and May 2015 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 2001 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the May 2015 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 5 LODGE GARDENS?

5 LODGE GARDENS is 88m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 20% 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 LODGE GARDENS lies on this distribution: 17% of detached houses are smaller than 5 LODGE GARDENS, and 82% of houses are larger. Note that EPC data is not available for all properties in Oakham.

5 LODGE GARDENS: Plot and Title Map

5 LODGE GARDENS sits on a plot of roughly 0.205 of an acre, or 831m². The below map shows the location of 5 LODGE GARDENS, 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 LODGE GARDENS). 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 LODGE GARDENS?

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