13, THE VALE, OAKHAM, LE15 6JQ - £512,000

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.

13 THE VALE is a large extended detached house of 143m², built sometime between 1976 and 1982, which could now be worth an estimated £586,913. It was last sold for £512,000 in November 2020, which was around 21% above the average November 2020 detached price in the Rutland local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

13 THE VALE Sold Prices

Land registry data shows three sales for 13 THE VALE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the three 13 THE VALE 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
2020 13 NOV	£512,000	£423,105	21% above HPI
1999 29 NOV	£145,000	£117,196	24% above HPI
1999 9 FEB	£110,000	£98,818	11% above HPI

13 THE VALE 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 three 13 THE VALE sales between February 1999 and November 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 November 1999 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the November 2020 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 13 THE VALE be worth now?

13 THE VALE might now be worth an estimated £586,913.

This is based on house price inflation of 14.6%, between November 2020 and June 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 14.6% inflationary increase is applied to the most recent sale price for 13 THE VALE of £512,000 on 13th November 2020. For the value to have increased from £512,000 to £586,913 over the five years and five months to June 2025, the following assumptions must hold true:

• The value of 13 THE VALE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The November 2020 sale price of £512,000 represented a fair market value for the property.
• The size, condition, and specification of 13 THE VALE has not materially changed since November 2020.

How Large is 13 THE VALE?

13 THE VALE is 143m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 30% 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 13 THE VALE lies on this distribution: 72% of detached houses houses are smaller than 13 THE VALE, and 27% of houses are larger. Note that EPC data is not available for all properties in Oakham.

13 THE VALE: Plot and Title Map

13 THE VALE sits on a plot of roughly 29.7 acres, or 120,207m². The below map shows the location of 13 THE VALE, 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 13 THE VALE). 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 13 THE VALE?

13 THE VALE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 13 on THE VALE.