12, GILMORE CLOSE, OAKHAM, LE15 6FR - £227,000

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

12 GILMORE CLOSE is a small extended detached house of 101m², built sometime between 1996 and 2002. It was last sold for £227,000 in October 2012, which was around 25% below the average October 2012 detached price in the Rutland local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was C.

12 GILMORE CLOSE Sold Prices

Land registry data shows three sales for 12 GILMORE 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 12 GILMORE 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
2012 18 OCT	£227,000	£301,905	25% below HPI
2005 16 MAR	£237,500	£261,092	9% below HPI
2000 25 FEB	£113,500	£137,443	17% below HPI

12 GILMORE 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 12 GILMORE CLOSE sales between February 2000 and October 2012 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 March 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2012 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 12 GILMORE CLOSE?

12 GILMORE CLOSE is 101m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 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 12 GILMORE CLOSE lies on this distribution: 32% of detached houses are smaller than 12 GILMORE CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Oakham.

12 GILMORE CLOSE: Plot and Title Map

12 GILMORE CLOSE sits on a plot of roughly 0.098 of an acre, or 395m². The below map shows the location of 12 GILMORE 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 12 GILMORE 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 12 GILMORE CLOSE?

12 GILMORE CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 12 on GILMORE CLOSE.