8, WITHAM AVENUE, OAKHAM, LE15 6SW - £245,000

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 WITHAM AVENUE is a small extended detached house of 97m², built sometime between 1967 and 1975. It was last sold for £245,000 in June 2018, which was around 40% below the average June 2018 detached price in the Rutland local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

8 WITHAM AVENUE Sold Prices

Land registry data shows two sales for 8 WITHAM AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. Both of the two 8 WITHAM AVENUE 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
2018 21 JUN	£245,000	£408,267	40% below HPI
1999 4 NOV	£83,000	£123,700	33% below HPI

8 WITHAM AVENUE 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 two 8 WITHAM AVENUE sales from November 1999 and June 2018 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 1999 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the June 2018 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 8 WITHAM AVENUE?

8 WITHAM AVENUE is 97m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 30% 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 WITHAM AVENUE lies on this distribution: 28% of detached houses are smaller than 8 WITHAM AVENUE, and 71% of houses are larger. Note that EPC data is not available for all properties in Oakham.

8 WITHAM AVENUE: Plot and Title Map

8 WITHAM AVENUE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 8 WITHAM AVENUE, 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 WITHAM AVENUE). 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 WITHAM AVENUE?

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