11, TOLETHORPE CLOSE, OAKHAM, LE15 6GF - £470,000

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 TOLETHORPE CLOSE is a very large detached house of 214m², built sometime between 1996 and 2002, which could now be worth an estimated £792,897. It was last sold for £470,000 in September 2013, which was around 63% above the average September 2013 detached price in the Rutland local authority area. The most recent EPC inspection was March 2013, where the current energy rating was B, and the potential energy rating was B.

11 TOLETHORPE CLOSE Sold Prices

Land registry data shows three sales for 11 TOLETHORPE 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 TOLETHORPE CLOSE sales were 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
2013 4 SEP	£470,000	£288,387	63% above HPI
2003 11 APR	£340,000	£200,284	70% above HPI
2002 28 JUN	£293,000	£179,452	63% above HPI

11 TOLETHORPE 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 TOLETHORPE CLOSE sales between June 2002 and September 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 2003 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the September 2013 sale, where it falls to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might 11 TOLETHORPE CLOSE be worth now?

11 TOLETHORPE CLOSE might now be worth an estimated £792,897.

This is based on house price inflation of 68.7%, between September 2013 and February 2025, 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 68.7% inflationary increase is applied to the most recent sale price for 11 TOLETHORPE CLOSE of £470,000 on 4th September 2013. For the value to have increased from £470,000 to £792,897 over the twelve years and seven months to February 2025, the following assumptions must hold true:

• The value of 11 TOLETHORPE CLOSE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The September 2013 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 11 TOLETHORPE CLOSE has not materially changed since September 2013.

How Large is 11 TOLETHORPE CLOSE?

11 TOLETHORPE CLOSE is 214m² according to the EPC inspection conducted in March 2013. This puts it in the largest 10% 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 TOLETHORPE CLOSE lies on this distribution: 95% of detached houses houses are smaller than 11 TOLETHORPE CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Oakham.

11 TOLETHORPE CLOSE: Plot and Title Map

11 TOLETHORPE CLOSE sits on a plot of roughly 0.119 of an acre, or 481m². The below map shows the location of 11 TOLETHORPE 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 TOLETHORPE 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 TOLETHORPE CLOSE?

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