7, SCHOFIELD ROAD, OAKHAM, LE15 6FW - £310,000

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 SCHOFIELD ROAD is a midsized detached house of 119m². It was last sold for £310,000 in June 2018, which was around 24% below the average June 2018 detached price in the Rutland local authority area. The most recent EPC inspection was November 2009, where the current energy rating was D, and the potential energy rating was D.

7 SCHOFIELD ROAD Sold Prices

Land registry data shows three sales for 7 SCHOFIELD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the three 7 SCHOFIELD 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
2018 8 JUN	£310,000	£408,267	24% below HPI
2003 4 SEP	£210,000	£248,769	16% below HPI
1998 28 AUG	£108,950	£123,182	12% below HPI

7 SCHOFIELD 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 three 7 SCHOFIELD ROAD sales between August 1998 and June 2018 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 2003 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the June 2018 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 7 SCHOFIELD ROAD?

7 SCHOFIELD ROAD is 119m² according to the EPC inspection conducted in November 2009. 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 7 SCHOFIELD ROAD lies on this distribution: 51% of detached houses are smaller than 7 SCHOFIELD ROAD, and 49% of houses are larger. Note that EPC data is not available for all properties in Oakham.

7 SCHOFIELD ROAD: Plot and Title Map

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

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