38, KESTREL ROAD, OAKHAM, LE15 6BU - £139,000

38 KESTREL ROAD is a very small detached house of 65m², built sometime between 1983 and 1990. It was last sold for £139,000 in August 2009, which was around 48% below the average August 2009 detached price in the Rutland local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

38 KESTREL ROAD Sold Prices

Land registry data shows three sales for 38 KESTREL ROAD 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 38 KESTREL 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
2009 7 AUG	£139,000	£268,420	48% below HPI
2001 26 JAN	£80,500	£162,821	51% below HPI
1996 5 JAN	£46,000	£94,061	51% below HPI

38 KESTREL 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 three 38 KESTREL ROAD sales between January 1996 and August 2009 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 January 2001 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the August 2009 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 38 KESTREL ROAD?

38 KESTREL ROAD is 65m² according to the EPC inspection conducted in August 2013. 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 38 KESTREL ROAD lies on this distribution: 2% of detached houses are smaller than 38 KESTREL ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Oakham.

38 KESTREL ROAD: Plot and Title Map

38 KESTREL ROAD sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 38 KESTREL 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 38 KESTREL 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 38 KESTREL ROAD?

38 KESTREL ROAD is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 38 on KESTREL ROAD.