29, SPRINGFIELD WAY, OAKHAM, LE15 6QA - £228,000

29 SPRINGFIELD WAY is a very small detached house of 65m², built sometime between 1991 and 1995. It was last sold for £228,000 in March 2020, which was around 46% below the average March 2020 detached price in the Rutland local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

29 SPRINGFIELD WAY Sold Prices

Land registry data shows five sales for 29 SPRINGFIELD WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the five 29 SPRINGFIELD 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
2020 12 MAR	£228,000	£423,137	46% below HPI
2015 9 OCT	£180,000	£344,541	48% below HPI
2006 15 DEC	£165,000	£282,738	42% below HPI
2002 29 NOV	£130,000	£210,256	38% below HPI
1998 22 MAY	£59,950	£110,457	46% below HPI

29 SPRINGFIELD WAY 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 five 29 SPRINGFIELD WAY sales between May 1998 and March 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 October 2015 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the March 2020 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 29 SPRINGFIELD WAY?

29 SPRINGFIELD WAY is 65m² according to the EPC inspection conducted in June 2015. 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 29 SPRINGFIELD WAY lies on this distribution: 2% of detached houses are smaller than 29 SPRINGFIELD WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Oakham.

29 SPRINGFIELD WAY: Plot and Title Map

29 SPRINGFIELD WAY sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 29 SPRINGFIELD 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 29 SPRINGFIELD 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 29 SPRINGFIELD WAY?

29 SPRINGFIELD WAY is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 29 on SPRINGFIELD WAY.