4, COLERIDGE WAY, OAKHAM, LE15 6GA - £168,500

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.

4 COLERIDGE WAY is a very small semi-detached house of 83m², which could now be worth an estimated £249,080. It was last sold for £168,500 in August 2016, which was around 21% below the average August 2016 semi-detached 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.

4 COLERIDGE WAY Sold Prices

Land registry data shows two sales for 4 COLERIDGE WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Rutland local authority area for the corresponding sale date. Both of the two 4 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
2016 12 AUG	£168,500	£213,424	21% below HPI
2012 22 JUN	£159,995	£174,007	8% below HPI

4 COLERIDGE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rutland local authority area over time, sourced from the HPI. The two 4 COLERIDGE WAY sales from June 2012 and August 2016 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 2012 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2016 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 4 COLERIDGE WAY be worth now?

4 COLERIDGE WAY might now be worth an estimated £249,080.

This is based on house price inflation of 47.8%, between August 2016 and February 2025, for semi-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 47.8% inflationary increase is applied to the most recent sale price for 4 COLERIDGE WAY of £168,500 on 12th August 2016. For the value to have increased from £168,500 to £249,080 over the nine years and six months to February 2025, the following assumptions must hold true:

• The value of 4 COLERIDGE WAY has moved in line with the HPI for semi-detached houses in the Rutland local authority area.
• The August 2016 sale price of £168,500 represented a fair market value for the property.
• The size, condition, and specification of 4 COLERIDGE WAY has not materially changed since August 2016.

How Large is 4 COLERIDGE WAY?

4 COLERIDGE WAY is 83m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 20% of semi-detached houses houses in Oakham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Oakham, and where 4 COLERIDGE WAY lies on this distribution: 13% of semi-detached houses houses are smaller than 4 COLERIDGE WAY, and 87% of houses are larger. Note that EPC data is not available for all properties in Oakham.

4 COLERIDGE WAY: Plot and Title Map

4 COLERIDGE WAY sits on a plot of roughly 0.033 of an acre, or 135m². The below map shows the location of 4 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 4 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 4 COLERIDGE WAY?

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