41, GLEBE WAY, OAKHAM, LE15 6LX - £156,000

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.

41 GLEBE WAY is a very small extended terraced house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £247,305. It was last sold for £156,000 in May 2008, which was around 4% below the average May 2008 terraced price in the Rutland local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

41 GLEBE WAY Sold Prices

Land registry data shows three sales for 41 GLEBE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Rutland local authority area for the corresponding sale date. Two of the three 41 GLEBE WAY sales were for below the average price, whilst one was 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
2008 23 MAY	£156,000	£161,672	4% below HPI
2001 4 MAY	£69,000	£70,709	2% below HPI
1997 28 FEB	£50,450	£47,492	6% above HPI

41 GLEBE WAY 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 three 41 GLEBE WAY sales between February 1997 and May 2008 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 May 2001 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2008 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 41 GLEBE WAY be worth now?

41 GLEBE WAY might now be worth an estimated £247,305.

This is based on house price inflation of 58.5%, between May 2008 and June 2025, 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 58.5% inflationary increase is applied to the most recent sale price for 41 GLEBE WAY of £156,000 on 23rd May 2008. For the value to have increased from £156,000 to £247,305 over the sixteen years and eleven months to June 2025, the following assumptions must hold true:

• The value of 41 GLEBE WAY has moved in line with the HPI for terraced houses in the Rutland local authority area.
• The May 2008 sale price of £156,000 represented a fair market value for the property.
• The size, condition, and specification of 41 GLEBE WAY has not materially changed since May 2008.

How Large is 41 GLEBE WAY?

41 GLEBE WAY is 85m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of terraced houses houses in Oakham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Oakham, and where 41 GLEBE WAY lies on this distribution: 15% of terraced houses houses are smaller than 41 GLEBE WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Oakham.

41 GLEBE WAY: Plot and Title Map

41 GLEBE WAY sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 41 GLEBE 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 41 GLEBE 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 41 GLEBE WAY?

41 GLEBE WAY is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 41 on GLEBE WAY.