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

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 MOUNTBATTEN ROAD is a very small detached house of 82m², built sometime between 1967 and 1975. It was last sold for £305,000 in March 2021, which was around 31% 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	£442,425	31% below HPI
2020 9 OCT	£245,000	£456,028	46% below HPI
1998 26 FEB	£56,500	£112,771	50% 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 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the March 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

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 in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 8 MOUNTBATTEN ROAD lies on this distribution: 11% of detached 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.