1, KINGFISHER CLOSE, OAKHAM, LE15 6ER - £297,000

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 KINGFISHER CLOSE is a very small detached house of 69m², built sometime between 1983 and 1990. It was last sold for £297,000 in April 2021, which was around 33% below the average April 2021 detached price in the Rutland local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

1 KINGFISHER CLOSE Sold Prices

Land registry data shows three sales for 1 KINGFISHER 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 KINGFISHER 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
2021 7 APR	£297,000	£440,720	33% below HPI
2003 31 OCT	£143,000	£242,190	41% below HPI
1997 8 DEC	£78,500	£112,817	30% below HPI

1 KINGFISHER 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 KINGFISHER CLOSE sales between December 1997 and April 2021 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 2003 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the April 2021 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 1 KINGFISHER CLOSE?

1 KINGFISHER CLOSE is 69m² according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% 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 KINGFISHER CLOSE lies on this distribution: 4% of detached houses are smaller than 1 KINGFISHER CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Oakham.

1 KINGFISHER CLOSE: Plot and Title Map

1 KINGFISHER CLOSE sits on a plot of roughly 44.9 acres, or 181,666m². The below map shows the location of 1 KINGFISHER 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 KINGFISHER 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 KINGFISHER CLOSE?

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