8, CHATER ROAD, OAKHAM, LE15 6RY - £370,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 CHATER ROAD is a large extended semi-detached house of 150m², built sometime between 1967 and 1975, which could now be worth an estimated £432,127. It was last sold for £370,000 in October 2020, which was around 37% above the average October 2020 semi-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.

8 CHATER ROAD Sold Prices

Land registry data shows two sales for 8 CHATER ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Rutland local authority area for the corresponding sale date. Both of the two 8 CHATER ROAD 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
2020 28 OCT	£370,000	£270,130	37% above HPI
2005 25 AUG	£200,000	£166,859	20% above HPI

8 CHATER ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rutland local authority area over time, sourced from the HPI. The two 8 CHATER ROAD sales from August 2005 and October 2020 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 2005 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the October 2020 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 8 CHATER ROAD be worth now?

8 CHATER ROAD might now be worth an estimated £432,127.

This is based on house price inflation of 16.8%, between October 2020 and February 2025, for semi-detached houses, in the Rutland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.8% inflationary increase is applied to the most recent sale price for 8 CHATER ROAD of £370,000 on 28th October 2020. For the value to have increased from £370,000 to £432,127 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 CHATER ROAD has moved in line with the HPI for semi-detached houses in the Rutland local authority area.
• The October 2020 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHATER ROAD has not materially changed since October 2020.

How Large is 8 CHATER ROAD?

8 CHATER ROAD is 150m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the largest 30% of semi-detached houses houses in Oakham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Oakham, and where 8 CHATER ROAD lies on this distribution: 77% of semi-detached houses houses are smaller than 8 CHATER ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Oakham.

8 CHATER ROAD: Plot and Title Map

8 CHATER ROAD sits on a plot of roughly 57.2 acres, or 231,545m². The below map shows the location of 8 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 8 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 8 CHATER ROAD?

8 CHATER ROAD is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 8 on CHATER ROAD.