50, NORTHGATE, OAKHAM, LE15 6QS - £72,445

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.

50 NORTHGATE is a very small extended terraced house of 69m², built sometime before 1900, which could now be worth an estimated £201,015. It was last sold for £72,445 in February 2002, which was around 11% below the average February 2002 terraced price in the Rutland local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

50 NORTHGATE Sold Prices

Land registry data shows two sales for 50 NORTHGATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Rutland local authority area for the corresponding sale date. Both of the two 50 NORTHGATE 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
2002 15 FEB	£72,445	£81,365	11% below HPI
1996 16 DEC	£42,500	£48,253	12% below HPI

50 NORTHGATE 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 two 50 NORTHGATE sales from December 1996 and February 2002 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 1996 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2002 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 50 NORTHGATE be worth now?

50 NORTHGATE might now be worth an estimated £201,015.

This is based on house price inflation of 177.5%, between February 2002 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 177.5% inflationary increase is applied to the most recent sale price for 50 NORTHGATE of £72,445 on 15th February 2002. For the value to have increased from £72,445 to £201,015 over the 23 years and nine months to May 2026, the following assumptions must hold true:

• The value of 50 NORTHGATE has moved in line with the HPI for terraced houses in the Rutland local authority area.
• The February 2002 sale price of £72,445 represented a fair market value for the property.
• The size, condition, and specification of 50 NORTHGATE has not materially changed since February 2002.

How Large is 50 NORTHGATE?

50 NORTHGATE is 69m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 10% 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 50 NORTHGATE lies on this distribution: 4% of terraced houses houses are smaller than 50 NORTHGATE, and 96% of houses are larger. Note that EPC data is not available for all properties in Oakham.

50 NORTHGATE: Plot and Title Map

50 NORTHGATE sits on a plot of roughly 0.025 of an acre, or 102m². The below map shows the location of 50 NORTHGATE, 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 50 NORTHGATE). 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 50 NORTHGATE?

50 NORTHGATE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 50 on NORTHGATE.