9, NORMANTON DRIVE, OAKHAM, LE15 6FG - £320,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

9 NORMANTON DRIVE is a very small detached house of 89m², built sometime between 1996 and 2002, which could now be worth an estimated £302,418. It was last sold for £320,000 in November 2024, which was around 35% below the average November 2024 detached price in the Rutland local authority area. The most recent EPC inspection was November 2023, where the current energy rating was D, and the potential energy rating was B.

9 NORMANTON DRIVE Sold Prices

Land registry data shows five sales for 9 NORMANTON DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the five 9 NORMANTON DRIVE 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
2024 19 NOV	£320,000	£491,912	35% below HPI
2014 5 SEP	£215,000	£303,951	29% below HPI
2010 26 FEB	£214,950	£287,064	25% below HPI
2006 6 JUN	£190,500	£252,673	25% below HPI
2000 26 MAY	£96,000	£125,101	23% below HPI

9 NORMANTON 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 five 9 NORMANTON DRIVE sales between May 2000 and November 2024 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 2014 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2024 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 9 NORMANTON DRIVE be worth now?

9 NORMANTON DRIVE might now be worth an estimated £302,418.

This is based on house price deflation of 5.5%, between November 2024 and March 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 5.5% deflationary decrease is applied to the most recent sale price for 9 NORMANTON DRIVE of £320,000 on 19th November 2024. For the value to have decreased from £320,000 to £302,418 over the one year and eight months to March 2025, the following assumptions must hold true:

• The value of 9 NORMANTON DRIVE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The November 2024 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 9 NORMANTON DRIVE has not materially changed since November 2024.

How Large is 9 NORMANTON DRIVE?

9 NORMANTON DRIVE is 89m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 20% 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 NORMANTON DRIVE lies on this distribution: 18% of detached houses houses are smaller than 9 NORMANTON DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Oakham.

9 NORMANTON DRIVE: Plot and Title Map

9 NORMANTON DRIVE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 9 NORMANTON 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 NORMANTON 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 NORMANTON DRIVE?

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