8, KESTREL ROAD, OAKHAM, LE15 6BU - £400,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 KESTREL ROAD is a large detached house of 156m², built sometime between 1991 and 1995, which could now be worth an estimated £557,007. It was last sold for £400,000 in June 2017, which was around 12% above the average June 2017 detached price in the Rutland local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.

8 KESTREL ROAD Sold Prices

Land registry data shows three sales for 8 KESTREL 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 KESTREL 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
2017 27 JUN	£400,000	£357,424	12% above HPI
2012 13 FEB	£312,500	£266,765	17% above HPI
2008 17 OCT	£281,250	£259,023	9% above HPI

8 KESTREL 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 KESTREL ROAD sales between October 2008 and June 2017 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 February 2012 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the June 2017 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 8 KESTREL ROAD be worth now?

8 KESTREL ROAD might now be worth an estimated £557,007.

This is based on house price inflation of 39.3%, between June 2017 and December 2024, 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 39.3% inflationary increase is applied to the most recent sale price for 8 KESTREL ROAD of £400,000 on 27th June 2017. For the value to have increased from £400,000 to £557,007 over the six years and six months to December 2024, the following assumptions must hold true:

• The value of 8 KESTREL ROAD has moved in line with the HPI for detached houses in the Rutland local authority area.
• The June 2017 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 8 KESTREL ROAD has not materially changed since June 2017.

How Large is 8 KESTREL ROAD?

8 KESTREL ROAD is 156m² according to the EPC inspection conducted in April 2010. This puts it in the largest 30% 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 KESTREL ROAD lies on this distribution: 80% of detached houses houses are smaller than 8 KESTREL ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Oakham.

8 KESTREL ROAD: Plot and Title Map

8 KESTREL ROAD sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 8 KESTREL 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 KESTREL 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 KESTREL ROAD?

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