6, SPEY DRIVE, OAKHAM, LE15 6JP - £350,000

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 SPEY DRIVE is a small detached house of 100m², built sometime between 1967 and 1975. It was last sold for £350,000 in January 2019, which was around 13% below the average January 2019 detached price in the Rutland local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.

6 SPEY DRIVE Sold Prices

Land registry data shows two sales for 6 SPEY DRIVE 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 6 SPEY DRIVE 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
2019 25 JAN	£350,000	£403,396	13% below HPI
2016 31 MAR	£205,000	£352,072	42% below HPI

6 SPEY DRIVE 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 6 SPEY DRIVE sales from March 2016 and January 2019 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 2016 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the January 2019 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 6 SPEY DRIVE?

6 SPEY DRIVE is 100m² according to the EPC inspection conducted in December 2009. This puts it in the smallest 40% 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 SPEY DRIVE lies on this distribution: 31% of detached houses are smaller than 6 SPEY DRIVE, and 69% of houses are larger. Note that EPC data is not available for all properties in Oakham.

6 SPEY DRIVE: Plot and Title Map

6 SPEY DRIVE sits on a plot of roughly 60.5 acres, or 244,795m². The below map shows the location of 6 SPEY DRIVE, 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 SPEY DRIVE). 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 SPEY DRIVE?

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