9, BARMSTEDT DRIVE, OAKHAM, LE15 6RG - £525,000

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

9 BARMSTEDT DRIVE is a very large detached house of 236m², built sometime between 1996 and 2002, which could now be worth an estimated £671,216. It was last sold for £525,000 in May 2019, which was around 38% above the average May 2019 detached price in the Rutland local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was C.

9 BARMSTEDT DRIVE Sold Prices

Land registry data shows three sales for 9 BARMSTEDT DRIVE 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 9 BARMSTEDT DRIVE sales were 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
2019 3 MAY	£525,000	£380,532	38% above HPI
2004 7 SEP	£369,000	£253,602	46% above HPI
2002 10 MAY	£269,985	£165,930	63% above HPI

9 BARMSTEDT DRIVE 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 9 BARMSTEDT DRIVE sales between May 2002 and May 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 September 2004 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the May 2019 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 9 BARMSTEDT DRIVE be worth now?

9 BARMSTEDT DRIVE might now be worth an estimated £671,216.

This is based on house price inflation of 27.9%, between May 2019 and February 2025, for 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 27.9% inflationary increase is applied to the most recent sale price for 9 BARMSTEDT DRIVE of £525,000 on 3rd May 2019. For the value to have increased from £525,000 to £671,216 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 9 BARMSTEDT DRIVE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The May 2019 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 9 BARMSTEDT DRIVE has not materially changed since May 2019.

How Large is 9 BARMSTEDT DRIVE?

9 BARMSTEDT DRIVE is 236m² according to the EPC inspection conducted in May 2018. This puts it in the largest 10% of detached houses houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakham, and where 9 BARMSTEDT DRIVE lies on this distribution: 98% of detached houses houses are smaller than 9 BARMSTEDT DRIVE, and 2% of houses are larger. Note that EPC data is not available for all properties in Oakham.

9 BARMSTEDT DRIVE: Plot and Title Map

9 BARMSTEDT DRIVE sits on a plot of roughly 0.152 of an acre, or 614m². The below map shows the location of 9 BARMSTEDT DRIVE, 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 9 BARMSTEDT DRIVE). 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 9 BARMSTEDT DRIVE?

9 BARMSTEDT DRIVE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 9 on BARMSTEDT DRIVE.