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
11 GUNTHORPE CLOSE is a midsized extended detached house of 115m², built sometime between 1996 and 2002. It was last sold for £290,000 in July 2016, which was around 16% 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.
Land registry data shows four sales for 11 GUNTHORPE CLOSE since 1st 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 | £347,142 | 16% below HPI |
2004 30 JUL | £212,500 | £268,764 | 21% below HPI |
2001 6 APR | £104,000 | £150,223 | 31% below HPI |
1999 3 DEC | £90,500 | £130,458 | 31% below HPI |
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 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2016 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.
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 in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 11 GUNTHORPE CLOSE lies on this distribution: 48% of detached 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 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.
11 GUNTHORPE CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 11 on GUNTHORPE CLOSE.