8, WARN CRESCENT, OAKHAM, LE15 6LZ - £270,000

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 WARN CRESCENT is a very small extended detached house of 68m², built sometime between 1967 and 1975. It was last sold for £270,000 in October 2019, which was around 37% below the average October 2019 detached price in the Rutland local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

8 WARN CRESCENT Sold Prices

Land registry data shows four sales for 8 WARN CRESCENT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the four 8 WARN CRESCENT 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
2019 11 OCT	£270,000	£426,391	37% below HPI
2017 17 MAR	£185,000	£367,945	50% below HPI
2003 23 JAN	£130,000	£214,303	39% below HPI
2001 9 NOV	£92,500	£165,139	44% below HPI

8 WARN CRESCENT 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 four 8 WARN CRESCENT sales between November 2001 and October 2019 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 March 2017 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the October 2019 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 8 WARN CRESCENT?

8 WARN CRESCENT is 68m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 10% 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 WARN CRESCENT lies on this distribution: 3% of detached houses are smaller than 8 WARN CRESCENT, and 96% of houses are larger. Note that EPC data is not available for all properties in Oakham.

8 WARN CRESCENT: Plot and Title Map

8 WARN CRESCENT sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 8 WARN CRESCENT, 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 WARN CRESCENT). 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 WARN CRESCENT?

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