8, GREENFIELD ROAD, OAKHAM, LE15 6PX - £180,000

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 GREENFIELD ROAD is a very small detached house of 81m², built sometime between 1991 and 1995, which could now be worth an estimated £331,587. It was last sold for £180,000 in October 2009, which was around 32% below the average October 2009 detached price in the Rutland local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

8 GREENFIELD ROAD Sold Prices

Land registry data shows three sales for 8 GREENFIELD 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 8 GREENFIELD 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
2009 16 OCT	£180,000	£264,101	32% below HPI
1998 9 APR	£60,000	£103,612	42% below HPI
1997 3 MAR	£60,000	£95,069	37% below HPI

8 GREENFIELD 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 8 GREENFIELD ROAD sales between March 1997 and October 2009 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 1998 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2009 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 8 GREENFIELD ROAD be worth now?

8 GREENFIELD ROAD might now be worth an estimated £331,587.

This is based on house price inflation of 84.2%, between October 2009 and February 2025, for 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 84.2% inflationary increase is applied to the most recent sale price for 8 GREENFIELD ROAD of £180,000 on 16th October 2009. For the value to have increased from £180,000 to £331,587 over the sixteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 GREENFIELD ROAD has moved in line with the HPI for detached houses in the Rutland local authority area.
• The October 2009 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 8 GREENFIELD ROAD has not materially changed since October 2009.

How Large is 8 GREENFIELD ROAD?

8 GREENFIELD ROAD is 81m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 20% of detached houses houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakham, and where 8 GREENFIELD ROAD lies on this distribution: 11% of detached houses houses are smaller than 8 GREENFIELD ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Oakham.

8 GREENFIELD ROAD: Plot and Title Map

8 GREENFIELD ROAD sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 8 GREENFIELD 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 GREENFIELD 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 GREENFIELD ROAD?

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