38, SPRINGFIELD WAY, OAKHAM, LE15 6QA - £85,000

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.

38 SPRINGFIELD WAY is a detached house, which could now be worth an estimated £232,051. It was last sold for £85,000 in November 2001, which was around 46% below the average November 2001 detached price in the Rutland local authority area.

38 SPRINGFIELD WAY Sold Prices

Land registry data shows two sales for 38 SPRINGFIELD WAY 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 38 SPRINGFIELD 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
2001 23 NOV	£85,000	£156,456	46% below HPI
1998 31 JUL	£61,500	£115,031	47% below HPI

What might 38 SPRINGFIELD WAY be worth now?

38 SPRINGFIELD WAY might now be worth an estimated £232,051.

This is based on house price inflation of 173%, between November 2001 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 173% inflationary increase is applied to the most recent sale price for 38 SPRINGFIELD WAY of £85,000 on 23rd November 2001. For the value to have increased from £85,000 to £232,051 over the 25 years and six months to May 2026, the following assumptions must hold true:

• The value of 38 SPRINGFIELD WAY has moved in line with the HPI for detached houses in the Rutland local authority area.
• The November 2001 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of 38 SPRINGFIELD WAY has not materially changed since November 2001.

Where is 38 SPRINGFIELD WAY?

38 SPRINGFIELD WAY is located in OAKHAM, in the LE15 postcode district.