11, TAY CLOSE, OAKHAM, LE15 6JR - £260,000

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

11 TAY CLOSE is a large extended detached house of 131m², built sometime between 1967 and 1975. It was last sold for £260,000 in February 2013, which was around 15% below the average February 2013 detached price in the Rutland local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was C.

11 TAY CLOSE Sold Prices

Land registry data shows three sales for 11 TAY 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 11 TAY 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
2013 22 FEB	£260,000	£304,931	15% below HPI
2011 1 APR	£211,000	£308,496	32% below HPI
2001 17 JUL	£125,000	£158,646	21% below HPI

11 TAY 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 11 TAY CLOSE sales between July 2001 and February 2013 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 April 2011 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2013 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 11 TAY CLOSE?

11 TAY CLOSE is 131m², which includes one extension, according to the EPC inspection conducted in November 2012. This puts it in the largest 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 11 TAY CLOSE lies on this distribution: 61% of detached houses are smaller than 11 TAY CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Oakham.

11 TAY CLOSE: Plot and Title Map

11 TAY CLOSE sits on a plot of roughly 57.3 acres, or 232,001m². The below map shows the location of 11 TAY 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 TAY 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 TAY CLOSE?

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