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
65 SPINNEY HILL is a large detached house of 143m². It was last sold for £520,000 in February 2022, which was around 10% above the average February 2022 detached price in the Rutland local authority area. The most recent EPC inspection was September 2017, where the current energy rating was B, and the potential energy rating was A.
Land registry data shows two sales for 65 SPINNEY HILL since 1st 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 65 SPINNEY HILL 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 |
---|---|---|---|
2022 15 FEB | £520,000 | £474,137 | 10% above HPI |
2017 18 SEP | £450,000 | £391,524 | 15% above HPI |
The below graph shows the average detached house price in the Rutland local authority area over time, sourced from the HPI. The two 65 SPINNEY HILL sales from September 2017 and February 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 September 2017 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the February 2022 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.
65 SPINNEY HILL is 143m² according to the EPC inspection conducted in September 2017. This puts it in the largest 30% of detached houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 65 SPINNEY HILL lies on this distribution: 71% of detached houses are smaller than 65 SPINNEY HILL, and 28% of houses are larger. Note that EPC data is not available for all properties in Oakham.
65 SPINNEY HILL sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 65 SPINNEY HILL, 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 65 SPINNEY HILL). 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.
65 SPINNEY HILL is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 65 on SPINNEY HILL.