1, WENSUM CLOSE, OAKHAM, LE15 6FU - £480,000

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 WENSUM CLOSE is a large detached house of 133m², built sometime between 1996 and 2002. It was last sold for £480,000 in August 2020, which was around 7% above the average August 2020 detached price in the Rutland local authority area. The most recent EPC inspection was March 2018, where the current energy rating was B, and the potential energy rating was B.

1 WENSUM CLOSE Sold Prices

Land registry data shows five sales for 1 WENSUM CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the five 1 WENSUM 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
2020 14 AUG	£480,000	£448,728	7% above HPI
2018 24 MAY	£415,000	£407,967	2% above HPI
2015 11 SEP	£357,000	£345,122	3% above HPI
2008 15 JAN	£335,000	£324,589	3% above HPI
2000 30 NOV	£175,500	£155,090	13% above HPI

1 WENSUM 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 five 1 WENSUM CLOSE sales between November 2000 and August 2020 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 May 2018 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2020 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 1 WENSUM CLOSE?

1 WENSUM CLOSE is 133m² according to the EPC inspection conducted in March 2018. This puts it in the largest 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 WENSUM CLOSE lies on this distribution: 63% of detached houses are smaller than 1 WENSUM CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Oakham.

1 WENSUM CLOSE: Plot and Title Map

1 WENSUM CLOSE sits on a plot of roughly 31.7 acres, or 128,484m². The below map shows the location of 1 WENSUM 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 WENSUM 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 WENSUM CLOSE?

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