62, SOUTH STREET, OAKHAM, LE15 6BQ - £540,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

62 SOUTH STREET is a midsized extended detached house of 128m², built sometime between 1950 and 1966, which could now be worth an estimated £497,738. It was last sold for £540,000 in August 2023, which was around 2% above the average August 2023 detached price in the Rutland local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

62 SOUTH STREET Sold Prices

Land registry data shows two sales for 62 SOUTH STREET 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 SOUTH STREET 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
2023 23 AUG	£540,000	£527,822	2% above HPI
2004 30 JAN	£230,000	£220,854	4% above HPI

62 SOUTH STREET 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 SOUTH STREET sales from January 2004 and August 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 January 2004 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the August 2023 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 62 SOUTH STREET be worth now?

62 SOUTH STREET might now be worth an estimated £497,738.

This is based on house price deflation of 7.8%, between August 2023 and February 2025, for detached houses, in the Rutland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.8% deflationary decrease is applied to the most recent sale price for 62 SOUTH STREET of £540,000 on 23rd August 2023. For the value to have decreased from £540,000 to £497,738 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 62 SOUTH STREET has moved in line with the HPI for detached houses in the Rutland local authority area.
• The August 2023 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 62 SOUTH STREET has not materially changed since August 2023.

How Large is 62 SOUTH STREET?

62 SOUTH STREET is 128m², which includes two extensions, according to the EPC inspection conducted in February 2023. This puts it in the largest 40% of detached houses houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakham, and where 62 SOUTH STREET lies on this distribution: 60% of detached houses houses are smaller than 62 SOUTH STREET, and 40% of houses are larger. Note that EPC data is not available for all properties in Oakham.

62 SOUTH STREET: Plot and Title Map

62 SOUTH STREET sits on a plot of roughly 70.1 acres, or 283,525m². The below map shows the location of 62 SOUTH STREET, 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 SOUTH STREET). 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 SOUTH STREET?

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