1, HAMBLETON CLOSE, OAKHAM, LE15 6FY - £600,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 HAMBLETON CLOSE is a very large extended detached house of 165m², built sometime between 1996 and 2002, which could now be worth an estimated £644,949. It was last sold for £600,000 in April 2023, which was around 30% above the average April 2023 detached price in the Rutland local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

1 HAMBLETON CLOSE Sold Prices

Land registry data shows three sales for 1 HAMBLETON CLOSE 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. All of the three 1 HAMBLETON CLOSE sales were 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
2023 24 APR	£600,000	£463,031	30% above HPI
2007 2 APR	£342,200	£282,389	21% above HPI
2001 11 APR	£205,000	£142,324	44% above HPI

1 HAMBLETON CLOSE 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 1 HAMBLETON CLOSE sales between April 2001 and April 2023 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 April 2007 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the April 2023 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 1 HAMBLETON CLOSE be worth now?

1 HAMBLETON CLOSE might now be worth an estimated £644,949.

This is based on house price inflation of 7.5%, between April 2023 and December 2024, 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 7.5% inflationary increase is applied to the most recent sale price for 1 HAMBLETON CLOSE of £600,000 on 24th April 2023. For the value to have increased from £600,000 to £644,949 over the four months to December 2024, the following assumptions must hold true:

• The value of 1 HAMBLETON CLOSE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The April 2023 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HAMBLETON CLOSE has not materially changed since April 2023.

How Large is 1 HAMBLETON CLOSE?

1 HAMBLETON CLOSE is 165m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the largest 20% 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 1 HAMBLETON CLOSE lies on this distribution: 83% of detached houses houses are smaller than 1 HAMBLETON CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Oakham.

1 HAMBLETON CLOSE: Plot and Title Map

1 HAMBLETON CLOSE sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 1 HAMBLETON CLOSE, 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 1 HAMBLETON CLOSE). 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 1 HAMBLETON CLOSE?

1 HAMBLETON CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 1 on HAMBLETON CLOSE.