4, SCHOFIELD ROAD, OAKHAM, LE15 6FW - £325,000

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 SCHOFIELD ROAD is a midsized detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £449,104. It was last sold for £325,000 in April 2016, which was about the average April 2016 detached price in the Rutland local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

4 SCHOFIELD ROAD Sold Prices

Land registry data shows three sales for 4 SCHOFIELD 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. The three 4 SCHOFIELD ROAD sales were a mix of roughly equal to the average price, above the average price, and 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 1 APR	£325,000	£326,596	Close to HPI
2014 24 MAR	£290,000	£292,289	1% below HPI
2001 2 MAR	£155,000	£145,964	6% above HPI

4 SCHOFIELD 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 4 SCHOFIELD ROAD sales between March 2001 and April 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 March 2014 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the April 2016 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 4 SCHOFIELD ROAD be worth now?

4 SCHOFIELD ROAD might now be worth an estimated £449,104.

This is based on house price inflation of 38.2%, between April 2016 and March 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 38.2% inflationary increase is applied to the most recent sale price for 4 SCHOFIELD ROAD of £325,000 on 1st April 2016. For the value to have increased from £325,000 to £449,104 over the ten years and one month to March 2026, the following assumptions must hold true:

• The value of 4 SCHOFIELD ROAD has moved in line with the HPI for detached houses in the Rutland local authority area.
• The April 2016 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SCHOFIELD ROAD has not materially changed since April 2016.

How Large is 4 SCHOFIELD ROAD?

4 SCHOFIELD ROAD is 116m² according to the EPC inspection conducted in September 2013. This puts it in the smallest 50% 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 SCHOFIELD ROAD lies on this distribution: 48% of detached houses houses are smaller than 4 SCHOFIELD ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Oakham.

4 SCHOFIELD ROAD: Plot and Title Map

4 SCHOFIELD ROAD sits on a plot of roughly 57.6 acres, or 233,161m². The below map shows the location of 4 SCHOFIELD 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 4 SCHOFIELD 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 4 SCHOFIELD ROAD?

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