86, LONSDALE WAY, OAKHAM, LE15 6LR - £235,000

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

86 LONSDALE WAY is a very small extended detached house of 88m², built sometime between 1967 and 1975. It was last sold for £235,000 in July 2022, which was around 53% below the average July 2022 detached price in the Rutland local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

86 LONSDALE WAY Sold Prices

Land registry data shows four sales for 86 LONSDALE WAY 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 86 LONSDALE WAY 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
2022 6 JUL	£235,000	£498,734	53% below HPI
2018 30 NOV	£187,000	£411,283	55% below HPI
2002 31 MAY	£98,000	£175,140	44% below HPI
1998 8 JAN	£56,800	£112,873	50% below HPI

86 LONSDALE WAY 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 86 LONSDALE WAY sales between January 1998 and July 2022 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 2018 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the July 2022 sale, where it rises to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 86 LONSDALE WAY?

86 LONSDALE WAY is 88m², which includes one extension, according to the EPC inspection conducted in May 2013. 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 86 LONSDALE WAY lies on this distribution: 17% of detached houses are smaller than 86 LONSDALE WAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Oakham.

86 LONSDALE WAY: Plot and Title Map

86 LONSDALE WAY sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of 86 LONSDALE 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 86 LONSDALE 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 86 LONSDALE WAY?

86 LONSDALE WAY is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 86 on LONSDALE WAY.