10, JAY CLOSE, OAKHAM, LE15 6BJ - £355,000

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 JAY CLOSE is a small extended detached house of 107m², built sometime between 1991 and 1995. It was last sold for £355,000 in November 2020, which was around 21% below the average November 2020 detached price in the Rutland local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was C.

10 JAY CLOSE Sold Prices

Land registry data shows three sales for 10 JAY 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 JAY 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 27 NOV	£355,000	£446,589	21% below HPI
2019 6 AUG	£337,000	£417,677	19% below HPI
2007 4 JAN	£245,000	£278,796	12% below HPI

10 JAY 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 JAY CLOSE sales between January 2007 and November 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 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2020 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 10 JAY CLOSE?

10 JAY CLOSE is 107m², which includes one extension, according to the EPC inspection conducted in February 2019. 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 10 JAY CLOSE lies on this distribution: 39% of detached houses are smaller than 10 JAY CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Oakham.

10 JAY CLOSE: Plot and Title Map

10 JAY CLOSE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 10 JAY 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 JAY 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 JAY CLOSE?

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