9, SHANNON WAY, OAKHAM, LE15 6SY - £59,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

9 SHANNON WAY is a large extended semi-detached house of 142m², built sometime between 1967 and 1975. It was last sold for £59,000 in November 1997, which was around 48% below the average November 1997 detached price in the Rutland local authority area. The most recent EPC inspection was October 2009, where the current energy rating was D, and the potential energy rating was C.

9 SHANNON WAY Sold Prices

Land registry data shows two sales for 9 SHANNON 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 SHANNON 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
1997 14 NOV	£59,000	£114,224	48% below HPI
1995 24 FEB	£54,500	£91,955	41% below HPI

9 SHANNON 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 SHANNON WAY sales from February 1995 and November 1997 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 February 1995 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 1997 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 9 SHANNON WAY?

9 SHANNON WAY is 142m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the largest 30% of detached houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 9 SHANNON WAY lies on this distribution: 71% of detached houses are smaller than 9 SHANNON WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Oakham.

9 SHANNON WAY: Plot and Title Map

9 SHANNON WAY sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 9 SHANNON 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 SHANNON 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 SHANNON WAY?

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