7, CHATER ROAD, OAKHAM, LE15 6RY - £204,000

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

7 CHATER ROAD is a large extended detached house of 139m², built sometime between 1950 and 1966. It was last sold for £204,000 in April 2010, which was around 30% below the average April 2010 detached price in the Rutland local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

7 CHATER ROAD Sold Prices

Land registry data shows two sales for 7 CHATER ROAD 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 7 CHATER ROAD 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
2010 9 APR	£204,000	£292,497	30% below HPI
1999 1 APR	£92,000	£115,118	20% below HPI

7 CHATER ROAD 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 7 CHATER ROAD sales from April 1999 and April 2010 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 April 1999 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the April 2010 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 7 CHATER ROAD?

7 CHATER ROAD is 139m², which includes two extensions, according to the EPC inspection conducted in April 2009. This puts it in the largest 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 7 CHATER ROAD lies on this distribution: 69% of detached houses are smaller than 7 CHATER ROAD, and 31% of houses are larger. Note that EPC data is not available for all properties in Oakham.

7 CHATER ROAD: Plot and Title Map

7 CHATER ROAD sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 7 CHATER ROAD, 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 7 CHATER ROAD). 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 7 CHATER ROAD?

7 CHATER ROAD is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 7 on CHATER ROAD.