81, WELLAND WAY, OAKHAM, LE15 6SZ - £185,000

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

81 WELLAND WAY is a small extended semi-detached house of 97m², built sometime between 1967 and 1975, which could now be worth an estimated £269,933. It was last sold for £185,000 in January 2017, which was around 14% below the average January 2017 semi-detached price in the Rutland local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

81 WELLAND WAY Sold Prices

Land registry data shows two sales for 81 WELLAND WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Rutland local authority area for the corresponding sale date. One of the two 81 WELLAND WAY sales was for below the average price, whilst the other was 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 20 JAN	£185,000	£216,221	14% below HPI
1995 12 MAY	£57,500	£55,790	3% above HPI

81 WELLAND WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rutland local authority area over time, sourced from the HPI. The two 81 WELLAND WAY sales from May 1995 and January 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 May 1995 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the January 2017 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 81 WELLAND WAY be worth now?

81 WELLAND WAY might now be worth an estimated £269,933.

This is based on house price inflation of 45.9%, between January 2017 and February 2025, for semi-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 45.9% inflationary increase is applied to the most recent sale price for 81 WELLAND WAY of £185,000 on 20th January 2017. For the value to have increased from £185,000 to £269,933 over the seven years and eleven months to February 2025, the following assumptions must hold true:

• The value of 81 WELLAND WAY has moved in line with the HPI for semi-detached houses in the Rutland local authority area.
• The January 2017 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 81 WELLAND WAY has not materially changed since January 2017.

How Large is 81 WELLAND WAY?

81 WELLAND WAY is 97m², which includes three extensions, according to the EPC inspection conducted in November 2015. This puts it in the smallest 30% of semi-detached houses houses in Oakham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Oakham, and where 81 WELLAND WAY lies on this distribution: 28% of semi-detached houses houses are smaller than 81 WELLAND WAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Oakham.

81 WELLAND WAY: Plot and Title Map

81 WELLAND WAY sits on a plot of roughly 57.2 acres, or 231,545m². The below map shows the location of 81 WELLAND WAY, 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 81 WELLAND WAY). 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 81 WELLAND WAY?

81 WELLAND WAY is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 81 on WELLAND WAY.