THE LIMES, UPPINGHAM ROAD, OAKHAM, LE15 6JD - £345,000

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 LIMES is a very small detached house of 71m², built sometime between 2003 and 2006. It was last sold for £345,000 in August 2015, which was around 1% above the average August 2015 detached price in the Rutland local authority area. The most recent EPC inspection was April 2009, where the current energy rating was C, and the potential energy rating was C.

THE LIMES Sold Prices

Land registry data shows two sales for THE LIMES 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 LIMES sales were for above 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
2015 26 AUG	£345,000	£340,691	1% above HPI
2006 1 DEC	£350,000	£282,738	24% above HPI

THE LIMES 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 LIMES sales from December 2006 and August 2015 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 December 2006 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the August 2015 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is THE LIMES?

THE LIMES is 71m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 10% 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 LIMES lies on this distribution: 5% of detached houses are smaller than THE LIMES, and 95% of houses are larger. Note that EPC data is not available for all properties in Oakham.

THE LIMES: Plot and Title Map

THE LIMES sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of THE LIMES, 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 LIMES). 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 LIMES?

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