9, FARRER WAY, BARLEYTHORPE, OAKHAM, LE15 7GG - £174,000

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 FARRER WAY is a very small detached house of 66m², which could now be worth an estimated £200,896. It was last sold for £174,000 in December 2021, which was around 60% below the average December 2021 detached price in the Rutland local authority area. The most recent EPC inspection was December 2015, where the current energy rating was B, and the potential energy rating was B.

9 FARRER WAY Sold Prices

Land registry data shows two sales for 9 FARRER WAY 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 9 FARRER 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
2021 2 DEC	£174,000	£431,084	60% below HPI
2015 11 NOV	£158,500	£322,863	51% below HPI

9 FARRER 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 two 9 FARRER WAY sales from November 2015 and December 2021 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 2015 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the December 2021 sale, where it falls to 60% below the HPI. The line then continues to track at 60% below the HPI.

What might 9 FARRER WAY be worth now?

9 FARRER WAY might now be worth an estimated £200,896.

This is based on house price inflation of 15.5%, between December 2021 and December 2024, 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 15.5% inflationary increase is applied to the most recent sale price for 9 FARRER WAY of £174,000 on 2nd December 2021. For the value to have increased from £174,000 to £200,896 over the three years to December 2024, the following assumptions must hold true:

• The value of 9 FARRER WAY has moved in line with the HPI for detached houses in the Rutland local authority area.
• The December 2021 sale price of £174,000 represented a fair market value for the property.
• The size, condition, and specification of 9 FARRER WAY has not materially changed since December 2021.

How Large is 9 FARRER WAY?

9 FARRER WAY is 66m² according to the EPC inspection conducted in December 2015. This puts it in the smallest 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 FARRER WAY lies on this distribution: 2% of detached houses houses are smaller than 9 FARRER WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Oakham.

9 FARRER WAY: Plot and Title Map

9 FARRER WAY sits on a plot of roughly 0.031 of an acre, or 127m². The below map shows the location of 9 FARRER 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 9 FARRER 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 9 FARRER WAY?

9 FARRER WAY is located in BARLEYTHORPE, in the LE15 postcode district. The below map shows the position of No. 9 on FARRER WAY.