8, MOUNTBATTEN ROAD, OAKHAM, LE15 6LS - £305,000

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 MOUNTBATTEN ROAD is a very small detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £354,008. It was last sold for £305,000 in March 2021, which was around 27% below the average March 2021 detached price in the Rutland local authority area. The most recent EPC inspection was January 2021, where the current energy rating was B, and the potential energy rating was B.

8 MOUNTBATTEN ROAD Sold Prices

Land registry data shows three sales for 8 MOUNTBATTEN 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 MOUNTBATTEN 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
2021 5 MAR	£305,000	£419,161	27% below HPI
2020 9 OCT	£245,000	£432,048	43% below HPI
1998 26 FEB	£56,500	£106,841	47% below HPI

8 MOUNTBATTEN 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 MOUNTBATTEN ROAD sales between February 1998 and March 2021 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 October 2020 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the March 2021 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 8 MOUNTBATTEN ROAD be worth now?

8 MOUNTBATTEN ROAD might now be worth an estimated £354,008.

This is based on house price inflation of 16.1%, between March 2021 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 16.1% inflationary increase is applied to the most recent sale price for 8 MOUNTBATTEN ROAD of £305,000 on 5th March 2021. For the value to have increased from £305,000 to £354,008 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 8 MOUNTBATTEN ROAD has moved in line with the HPI for detached houses in the Rutland local authority area.
• The March 2021 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MOUNTBATTEN ROAD has not materially changed since March 2021.

How Large is 8 MOUNTBATTEN ROAD?

8 MOUNTBATTEN ROAD is 82m² according to the EPC inspection conducted in January 2021. 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 MOUNTBATTEN ROAD lies on this distribution: 11% of detached houses houses are smaller than 8 MOUNTBATTEN ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Oakham.

8 MOUNTBATTEN ROAD: Plot and Title Map

8 MOUNTBATTEN ROAD sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 8 MOUNTBATTEN 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 MOUNTBATTEN 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 MOUNTBATTEN ROAD?

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