7, LARCHFIELD, OAKHAM, LE15 6PP - £206,500

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 LARCHFIELD is a small extended detached house of 104m², built sometime between 1991 and 1995. It was last sold for £206,500 in October 2010, which was around 31% below the average October 2010 detached price in the Rutland local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

7 LARCHFIELD Sold Prices

Land registry data shows four sales for 7 LARCHFIELD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the four 7 LARCHFIELD 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 22 OCT	£206,500	£298,455	31% below HPI
2001 27 JUN	£122,000	£161,390	24% below HPI
2000 7 DEC	£113,500	£150,275	24% below HPI
1997 27 MAR	£78,500	£100,346	22% below HPI

7 LARCHFIELD 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 four 7 LARCHFIELD sales between March 1997 and October 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 June 2001 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2010 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 7 LARCHFIELD?

7 LARCHFIELD is 104m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the smallest 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 LARCHFIELD lies on this distribution: 36% of detached houses are smaller than 7 LARCHFIELD, and 63% of houses are larger. Note that EPC data is not available for all properties in Oakham.

7 LARCHFIELD: Plot and Title Map

7 LARCHFIELD sits on a plot of roughly 57.5 acres, or 232,847m². The below map shows the location of 7 LARCHFIELD, 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 LARCHFIELD). 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 LARCHFIELD?

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