6, GLEBE WAY, OAKHAM, LE15 6LX - £305,000

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

6 GLEBE WAY is a very large extended detached house of 164m², built sometime between 1967 and 1975. It was last sold for £305,000 in September 2014, which was around 5% below the average September 2014 detached price in the Rutland local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

6 GLEBE WAY Sold Prices

Land registry data shows four sales for 6 GLEBE WAY 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. Two of the four 6 GLEBE WAY sales were for below the average price, whilst one was 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
2014 3 SEP	£305,000	£320,821	5% below HPI
2007 9 MAR	£290,000	£291,294	Close to HPI
1999 8 DEC	£148,000	£130,458	13% above HPI
1995 31 MAR	£72,950	£88,705	18% below HPI

6 GLEBE 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 four 6 GLEBE WAY sales between March 1995 and September 2014 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 March 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2014 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 6 GLEBE WAY?

6 GLEBE WAY is 164m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the largest 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 6 GLEBE WAY lies on this distribution: 83% of detached houses are smaller than 6 GLEBE WAY, and 17% of houses are larger. Note that EPC data is not available for all properties in Oakham.

6 GLEBE WAY: Plot and Title Map

6 GLEBE WAY sits on a plot of roughly 0.146 of an acre, or 589m². The below map shows the location of 6 GLEBE 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 6 GLEBE 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 6 GLEBE WAY?

6 GLEBE WAY is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 6 on GLEBE WAY.