1, HANBURY CLOSE, OAKHAM, LE15 6LY - £290,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 HANBURY CLOSE is a small extended detached house of 102m², built sometime between 1967 and 1975. It was last sold for £290,000 in October 2018, which was around 31% below the average October 2018 detached price in the Rutland local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

1 HANBURY CLOSE Sold Prices

Land registry data shows two sales for 1 HANBURY CLOSE 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 1 HANBURY CLOSE 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
2018 8 OCT	£290,000	£422,449	31% below HPI
2002 21 OCT	£162,000	£202,409	20% below HPI

1 HANBURY 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 two 1 HANBURY CLOSE sales from October 2002 and October 2018 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 October 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 1 HANBURY CLOSE?

1 HANBURY CLOSE is 102m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 40% of detached houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 1 HANBURY CLOSE lies on this distribution: 34% of detached houses are smaller than 1 HANBURY CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Oakham.

1 HANBURY CLOSE: Plot and Title Map

1 HANBURY CLOSE sits on a plot of roughly 0.134 of an acre, or 542m². The below map shows the location of 1 HANBURY 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 HANBURY 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 HANBURY CLOSE?

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