THE BARN, BARLOW ROAD, OAKHAM, LE15 6BL - £250,000

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

THE BARN is a very small detached house of 65m², built sometime between 2007 and 2011, which could now be worth an estimated £305,901. It was last sold for £250,000 in July 2020, which was around 39% below the average July 2020 detached price in the Rutland local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

THE BARN Sold Prices

Land registry data shows two sales for THE BARN 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 THE BARN 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
2020 17 JUL	£250,000	£406,765	39% below HPI
2017 23 FEB	£225,000	£345,437	35% below HPI

THE BARN 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 THE BARN sales from February 2017 and July 2020 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 2017 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2020 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might THE BARN be worth now?

THE BARN might now be worth an estimated £305,901.

This is based on house price inflation of 22.4%, between July 2020 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 22.4% inflationary increase is applied to the most recent sale price for THE BARN of £250,000 on 17th July 2020. For the value to have increased from £250,000 to £305,901 over the three years and seven months to December 2024, the following assumptions must hold true:

• The value of THE BARN has moved in line with the HPI for detached houses in the Rutland local authority area.
• The July 2020 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of THE BARN has not materially changed since July 2020.

How Large is THE BARN?

THE BARN is 65m² according to the EPC inspection conducted in August 2024. 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 THE BARN lies on this distribution: 2% of detached houses houses are smaller than THE BARN, and 98% of houses are larger. Note that EPC data is not available for all properties in Oakham.

THE BARN: Plot and Title Map

THE BARN sits on a plot of roughly 70.1 acres, or 283,525m². The below map shows the location of THE BARN, 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 THE BARN). 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 THE BARN?

THE BARN is located on BARLOW ROAD in OAKHAM, in the LE15 postcode district. The below map shows the position of THE BARN on BARLOW ROAD.