4, ALEXANDER CRESCENT, OAKHAM, LE15 6LB - £240,000

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.

4 ALEXANDER CRESCENT is a small extended detached house of 95m², built sometime between 1967 and 1975, which could now be worth an estimated £236,418. It was last sold for £240,000 in June 2021, which was around 45% below the average June 2021 detached price in the Rutland local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was C.

4 ALEXANDER CRESCENT Sold Prices

Land registry data shows two sales for 4 ALEXANDER CRESCENT 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 4 ALEXANDER CRESCENT 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 4 JUN	£240,000	£433,599	45% below HPI
2003 19 DEC	£124,000	£219,040	43% below HPI

4 ALEXANDER CRESCENT 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 4 ALEXANDER CRESCENT sales from December 2003 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 December 2003 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the June 2021 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 4 ALEXANDER CRESCENT be worth now?

4 ALEXANDER CRESCENT might now be worth an estimated £236,418.

This is based on house price deflation of 1.5%, between June 2021 and May 2026, for detached 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 1.5% deflationary decrease is applied to the most recent sale price for 4 ALEXANDER CRESCENT of £240,000 on 4th June 2021. For the value to have decreased from £240,000 to £236,418 over the five years and one month to May 2026, the following assumptions must hold true:

• The value of 4 ALEXANDER CRESCENT has moved in line with the HPI for detached houses in the Rutland local authority area.
• The June 2021 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ALEXANDER CRESCENT has not materially changed since June 2021.

How Large is 4 ALEXANDER CRESCENT?

4 ALEXANDER CRESCENT is 95m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the smallest 30% of detached houses houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakham, and where 4 ALEXANDER CRESCENT lies on this distribution: 27% of detached houses houses are smaller than 4 ALEXANDER CRESCENT, and 72% of houses are larger. Note that EPC data is not available for all properties in Oakham.

4 ALEXANDER CRESCENT: Plot and Title Map

4 ALEXANDER CRESCENT sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 4 ALEXANDER CRESCENT, 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 4 ALEXANDER CRESCENT). 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 4 ALEXANDER CRESCENT?

4 ALEXANDER CRESCENT is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 4 on ALEXANDER CRESCENT.