8, HILLTOP DRIVE, OAKHAM, LE15 6NF - £295,000

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 HILLTOP DRIVE is a very small detached house of 89m², built sometime between 1996 and 2002, which could now be worth an estimated £351,242. It was last sold for £295,000 in December 2020, which was around 28% below the average December 2020 detached price in the Rutland local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

8 HILLTOP DRIVE Sold Prices

Land registry data shows five sales for 8 HILLTOP DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the five 8 HILLTOP DRIVE 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
2020 9 DEC	£295,000	£408,611	28% below HPI
2011 1 NOV	£210,000	£284,139	26% below HPI
2006 29 NOV	£210,000	£270,854	22% below HPI
2003 21 MAR	£171,000	£194,677	12% below HPI
1997 28 FEB	£85,500	£94,543	10% below HPI

8 HILLTOP DRIVE 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 five 8 HILLTOP DRIVE sales between February 1997 and December 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 November 2011 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 8 HILLTOP DRIVE be worth now?

8 HILLTOP DRIVE might now be worth an estimated £351,242.

This is based on house price inflation of 19.1%, between December 2020 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 19.1% inflationary increase is applied to the most recent sale price for 8 HILLTOP DRIVE of £295,000 on 9th December 2020. For the value to have increased from £295,000 to £351,242 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 HILLTOP DRIVE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The December 2020 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HILLTOP DRIVE has not materially changed since December 2020.

How Large is 8 HILLTOP DRIVE?

8 HILLTOP DRIVE is 89m² according to the EPC inspection conducted in July 2011. 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 HILLTOP DRIVE lies on this distribution: 19% of detached houses houses are smaller than 8 HILLTOP DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Oakham.

8 HILLTOP DRIVE: Plot and Title Map

8 HILLTOP DRIVE sits on a plot of roughly 64.6 acres, or 261,512m². The below map shows the location of 8 HILLTOP DRIVE, 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 HILLTOP DRIVE). 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 HILLTOP DRIVE?

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