10, FORTH CLOSE, OAKHAM, LE15 6JW - £321,000

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

10 FORTH CLOSE is a very small detached house of 78m², built sometime between 1976 and 1982. It was last sold for £321,000 in August 2020, which was around 28% below the average August 2020 detached price in the Rutland local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

10 FORTH CLOSE Sold Prices

Land registry data shows three sales for 10 FORTH 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 10 FORTH 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
2020 28 AUG	£321,000	£448,728	28% below HPI
2019 30 AUG	£315,000	£417,677	25% below HPI
2018 18 SEP	£222,000	£418,240	47% below HPI

10 FORTH 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 10 FORTH CLOSE sales between September 2018 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 August 2019 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 10 FORTH CLOSE?

10 FORTH CLOSE is 78m² according to the EPC inspection conducted in August 2019. 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 10 FORTH CLOSE lies on this distribution: 8% of detached houses are smaller than 10 FORTH CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Oakham.

10 FORTH CLOSE: Plot and Title Map

10 FORTH CLOSE sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of 10 FORTH 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 10 FORTH 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 10 FORTH CLOSE?

10 FORTH CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 10 on FORTH CLOSE.