38, NEWTOWN ROAD, UPPINGHAM, OAKHAM, LE15 9TS - £296,500

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.

38 NEWTOWN ROAD is a midsized extended terraced house of 119m², built sometime between 1900 and 1929, which could now be worth an estimated £302,820. It was last sold for £296,500 in December 2021, which was around 34% above the average December 2021 terraced price in the Rutland local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

38 NEWTOWN ROAD Sold Prices

Land registry data shows four sales for 38 NEWTOWN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Rutland local authority area for the corresponding sale date. All of the four 38 NEWTOWN ROAD 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
2021 16 DEC	£296,500	£221,053	34% above HPI
2014 29 AUG	£184,200	£156,319	18% above HPI
2007 21 SEP	£179,500	£159,644	12% above HPI
1998 23 OCT	£66,000	£55,002	20% above HPI

38 NEWTOWN ROAD 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 four 38 NEWTOWN ROAD sales between October 1998 and December 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 2014 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2021 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 38 NEWTOWN ROAD be worth now?

38 NEWTOWN ROAD might now be worth an estimated £302,820.

This is based on house price inflation of 2.1%, between December 2021 and May 2026, 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 2.1% inflationary increase is applied to the most recent sale price for 38 NEWTOWN ROAD of £296,500 on 16th December 2021. For the value to have increased from £296,500 to £302,820 over the five years and seven months to May 2026, the following assumptions must hold true:

• The value of 38 NEWTOWN ROAD has moved in line with the HPI for terraced houses in the Rutland local authority area.
• The December 2021 sale price of £296,500 represented a fair market value for the property.
• The size, condition, and specification of 38 NEWTOWN ROAD has not materially changed since December 2021.

How Large is 38 NEWTOWN ROAD?

38 NEWTOWN ROAD is 119m², which includes two extensions, according to the EPC inspection conducted in October 2021. This puts it in the smallest 50% of terraced houses houses in Uppingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Uppingham, and where 38 NEWTOWN ROAD lies on this distribution: 42% of terraced houses houses are smaller than 38 NEWTOWN ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Uppingham.

38 NEWTOWN ROAD: Plot and Title Map

38 NEWTOWN ROAD sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 38 NEWTOWN 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 NEWTOWN 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 NEWTOWN ROAD?

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