28, COLERIDGE WAY, OAKHAM, LE15 6GA - £177,500

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.

28 COLERIDGE WAY is a very small terraced house of 67m², which could now be worth an estimated £230,631. It was last sold for £177,500 in February 2019, which was around 10% below the average February 2019 terraced price in the Rutland local authority area. The most recent EPC inspection was February 2012, where the current energy rating was B, and the potential energy rating was B.

28 COLERIDGE WAY Sold Prices

Land registry data shows three sales for 28 COLERIDGE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Rutland local authority area for the corresponding sale date. All of the three 28 COLERIDGE WAY 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
2019 20 FEB	£177,500	£197,253	10% below HPI
2014 20 JUN	£135,000	£156,139	14% below HPI
2013 30 AUG	£137,000	£150,170	9% below HPI

28 COLERIDGE WAY Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Rutland local authority area over time, sourced from the HPI. The three 28 COLERIDGE WAY sales between August 2013 and February 2019 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 June 2014 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2019 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 28 COLERIDGE WAY be worth now?

28 COLERIDGE WAY might now be worth an estimated £230,631.

This is based on house price inflation of 29.9%, between February 2019 and June 2025, for terraced 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 29.9% inflationary increase is applied to the most recent sale price for 28 COLERIDGE WAY of £177,500 on 20th February 2019. For the value to have increased from £177,500 to £230,631 over the five years and eight months to June 2025, the following assumptions must hold true:

• The value of 28 COLERIDGE WAY has moved in line with the HPI for terraced houses in the Rutland local authority area.
• The February 2019 sale price of £177,500 represented a fair market value for the property.
• The size, condition, and specification of 28 COLERIDGE WAY has not materially changed since February 2019.

How Large is 28 COLERIDGE WAY?

28 COLERIDGE WAY is 67m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% of terraced houses houses in Oakham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Oakham, and where 28 COLERIDGE WAY lies on this distribution: 3% of terraced houses houses are smaller than 28 COLERIDGE WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Oakham.

28 COLERIDGE WAY: Plot and Title Map

28 COLERIDGE WAY sits on a plot of roughly 0.022 of an acre, or 89m². The below map shows the location of 28 COLERIDGE WAY, 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 28 COLERIDGE WAY). 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 28 COLERIDGE WAY?

28 COLERIDGE WAY is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 28 on COLERIDGE WAY.