11, GUNTHORPE CLOSE, OAKHAM, LE15 6FH - £290,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

11 GUNTHORPE CLOSE is a midsized extended detached house of 115m², built sometime between 1996 and 2002, which could now be worth an estimated £438,868. It was last sold for £290,000 in July 2016, which was around 12% below the average July 2016 detached price in the Rutland local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

11 GUNTHORPE CLOSE Sold Prices

Land registry data shows four sales for 11 GUNTHORPE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the four 11 GUNTHORPE 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
2016 29 JUL	£290,000	£328,888	12% below HPI
2004 30 JUL	£212,500	£254,631	17% below HPI
2001 6 APR	£104,000	£142,324	27% below HPI
1999 3 DEC	£90,500	£123,598	27% below HPI

11 GUNTHORPE 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 four 11 GUNTHORPE CLOSE sales between December 1999 and July 2016 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 July 2004 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the July 2016 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 11 GUNTHORPE CLOSE be worth now?

11 GUNTHORPE CLOSE might now be worth an estimated £438,868.

This is based on house price inflation of 51.3%, between July 2016 and December 2024, for detached houses, in the Rutland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.3% inflationary increase is applied to the most recent sale price for 11 GUNTHORPE CLOSE of £290,000 on 29th July 2016. For the value to have increased from £290,000 to £438,868 over the seven years and seven months to December 2024, the following assumptions must hold true:

• The value of 11 GUNTHORPE CLOSE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The July 2016 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 11 GUNTHORPE CLOSE has not materially changed since July 2016.

How Large is 11 GUNTHORPE CLOSE?

11 GUNTHORPE CLOSE is 115m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% of detached houses houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakham, and where 11 GUNTHORPE CLOSE lies on this distribution: 48% of detached houses houses are smaller than 11 GUNTHORPE CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Oakham.

11 GUNTHORPE CLOSE: Plot and Title Map

11 GUNTHORPE CLOSE sits on a plot of roughly 0.062 of an acre, or 252m². The below map shows the location of 11 GUNTHORPE 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 11 GUNTHORPE 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 11 GUNTHORPE CLOSE?

11 GUNTHORPE CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 11 on GUNTHORPE CLOSE.