10, SUTHERN CLOSE, OAKHAM, LE15 6FX - £307,500

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 SUTHERN CLOSE is a large detached house of 141m², built sometime between 1996 and 2002. It was last sold for £307,500 in February 2011, which was about the average February 2011 detached price in the Rutland local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

10 SUTHERN CLOSE Sold Prices

Land registry data shows two sales for 10 SUTHERN 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. One of the two 10 SUTHERN CLOSE sales was roughly equal to the average price, whilst the other was 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
2011 14 FEB	£307,500	£307,828	Close to HPI
1999 26 NOV	£149,950	£123,700	21% above HPI

10 SUTHERN 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 10 SUTHERN CLOSE sales from November 1999 and February 2011 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 November 1999 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the February 2011 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 10 SUTHERN CLOSE?

10 SUTHERN CLOSE is 141m² according to the EPC inspection conducted in June 2010. This puts it in the largest 30% 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 SUTHERN CLOSE lies on this distribution: 71% of detached houses are smaller than 10 SUTHERN CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Oakham.

10 SUTHERN CLOSE: Plot and Title Map

10 SUTHERN CLOSE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 10 SUTHERN 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 SUTHERN 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 SUTHERN CLOSE?

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