18, BALMORAL ROAD, OAKHAM, LE15 6RT - £297,950

18 BALMORAL ROAD is a small extended detached house of 101m², built sometime between 1967 and 1975. It was last sold for £297,950 in June 2021, which was around 35% below the average June 2021 detached price in the Rutland local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

18 BALMORAL ROAD Sold Prices

Land registry data shows two sales for 18 BALMORAL ROAD 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 18 BALMORAL ROAD 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
2021 11 JUN	£297,950	£457,665	35% below HPI
2019 2 AUG	£267,000	£417,677	36% below HPI

18 BALMORAL ROAD 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 18 BALMORAL ROAD sales from August 2019 and June 2021 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 August 2019 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the June 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 18 BALMORAL ROAD?

18 BALMORAL ROAD is 101m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 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 18 BALMORAL ROAD lies on this distribution: 33% of detached houses are smaller than 18 BALMORAL ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Oakham.

18 BALMORAL ROAD: Plot and Title Map

18 BALMORAL ROAD sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 18 BALMORAL ROAD, 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 18 BALMORAL ROAD). 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 18 BALMORAL ROAD?

18 BALMORAL ROAD is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 18 on BALMORAL ROAD.