63, LONSDALE WAY, OAKHAM, LE15 6LP - £180,000

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

63 LONSDALE WAY is a midsized extended detached house of 119m², built sometime between 1967 and 1975. It was last sold for £180,000 in July 2006, which was around 35% below the average July 2006 detached price in the Rutland local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

63 LONSDALE WAY Sold Prices

Land registry data shows two sales for 63 LONSDALE 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 63 LONSDALE 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
2006 26 JUL	£180,000	£275,307	35% below HPI
2002 28 AUG	£127,000	£206,127	38% below HPI

63 LONSDALE 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 63 LONSDALE WAY sales from August 2002 and July 2006 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 August 2002 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the July 2006 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 63 LONSDALE WAY?

63 LONSDALE WAY is 119m², which includes two extensions, according to the EPC inspection conducted in January 2024. 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 63 LONSDALE WAY lies on this distribution: 51% of detached houses are smaller than 63 LONSDALE WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Oakham.

63 LONSDALE WAY: Plot and Title Map

63 LONSDALE WAY sits on a plot of roughly 0.129 of an acre, or 520m². The below map shows the location of 63 LONSDALE 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 63 LONSDALE 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 63 LONSDALE WAY?

63 LONSDALE WAY is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 63 on LONSDALE WAY.