62, COLERIDGE WAY, OAKHAM, LE15 6GA - £253,000

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

62 COLERIDGE WAY is a very small detached house of 84m², built sometime from 2012 onwards. It was last sold for £253,000 in April 2022, which was around 47% below the average April 2022 detached price in the Rutland local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

62 COLERIDGE WAY Sold Prices

Land registry data shows two sales for 62 COLERIDGE WAY 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 62 COLERIDGE WAY 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
2022 29 APR	£253,000	£472,977	47% below HPI
2013 20 DEC	£178,000	£303,032	41% below HPI

62 COLERIDGE 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 two 62 COLERIDGE WAY sales from December 2013 and April 2022 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 December 2013 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the April 2022 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 62 COLERIDGE WAY?

62 COLERIDGE WAY is 84m² according to the EPC inspection conducted in March 2022. 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 62 COLERIDGE WAY lies on this distribution: 13% of detached houses are smaller than 62 COLERIDGE WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Oakham.

62 COLERIDGE WAY: Plot and Title Map

62 COLERIDGE WAY sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 62 COLERIDGE 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 62 COLERIDGE 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 62 COLERIDGE WAY?

62 COLERIDGE WAY is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 62 on COLERIDGE WAY.