THE GREEN ACRE, KILBURN ROAD, OAKHAM, LE15 6QL - £195,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE GREEN ACRE is a large extended detached house of 138m², built sometime between 1950 and 1966. It was last sold for £195,000 in June 2011, which was around 34% below the average June 2011 detached price in the Rutland local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

THE GREEN ACRE Sold Prices

Land registry data shows two sales for THE GREEN ACRE 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 GREEN ACRE 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
2011 1 JUN	£195,000	£293,354	34% below HPI
2000 18 OCT	£125,000	£152,199	18% below HPI

THE GREEN ACRE 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 GREEN ACRE sales from October 2000 and June 2011 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 October 2000 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the June 2011 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is THE GREEN ACRE?

THE GREEN ACRE is 138m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 40% of detached houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where THE GREEN ACRE lies on this distribution: 67% of detached houses are smaller than THE GREEN ACRE, and 32% of houses are larger. Note that EPC data is not available for all properties in Oakham.

THE GREEN ACRE: Plot and Title Map

THE GREEN ACRE sits on a plot of roughly 0.188 of an acre, or 759m². The below map shows the location of THE GREEN ACRE, 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 GREEN ACRE). 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 GREEN ACRE?

THE GREEN ACRE is located on KILBURN ROAD in OAKHAM, in the LE15 postcode district. The below map shows the position of THE GREEN ACRE on KILBURN ROAD.