52, SPINNEY HILL, OAKHAM, LE15 6JL - £466,500

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

52 SPINNEY HILL is a midsized detached house of 124m², built in 2021. It was last sold for £466,500 in October 2023, which was around 11% below the average October 2023 detached price in the Rutland local authority area. The most recent EPC inspection was September 2021, where the current energy rating was B, and the potential energy rating was A.

52 SPINNEY HILL Sold Prices

Land registry data shows two sales for 52 SPINNEY HILL 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 52 SPINNEY HILL 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
2023 30 OCT	£466,500	£522,142	11% below HPI
2021 30 SEP	£430,000	£448,213	4% below HPI

52 SPINNEY HILL 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 52 SPINNEY HILL sales from September 2021 and October 2023 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 September 2021 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2023 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 52 SPINNEY HILL?

52 SPINNEY HILL is 124m² according to the EPC inspection conducted in September 2021. This puts it in the largest 50% of detached houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 52 SPINNEY HILL lies on this distribution: 56% of detached houses are smaller than 52 SPINNEY HILL, and 43% of houses are larger. Note that EPC data is not available for all properties in Oakham.

52 SPINNEY HILL: Plot and Title Map

52 SPINNEY HILL sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 52 SPINNEY HILL, 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 52 SPINNEY HILL). 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 52 SPINNEY HILL?

52 SPINNEY HILL is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 52 on SPINNEY HILL.