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

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

8 HILLTOP DRIVE is a very small detached house of 89m², built sometime between 1996 and 2002. It was last sold for £295,000 in December 2020, which was around 32% 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	£431,290	32% below HPI
2011 1 NOV	£210,000	£299,909	30% below HPI
2006 29 NOV	£210,000	£285,887	27% below HPI
2003 21 MAR	£171,000	£205,482	17% below HPI
1997 28 FEB	£85,500	£99,790	14% 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 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

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 in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 8 HILLTOP DRIVE lies on this distribution: 19% of detached 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.