14, HARDWICK CLOSE, OAKHAM, LE15 6FF - £321,500

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

14 HARDWICK CLOSE is a very large detached house of 159m², built sometime between 1996 and 2002, which could now be worth an estimated £548,677. It was last sold for £321,500 in February 2011, which was around 10% above the average February 2011 detached price in the Rutland local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was C.

14 HARDWICK CLOSE Sold Prices

Land registry data shows two sales for 14 HARDWICK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. Both of the two 14 HARDWICK 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
2011 11 FEB	£321,500	£291,641	10% above HPI
1999 19 MAR	£158,950	£104,856	52% above HPI

14 HARDWICK 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 two 14 HARDWICK CLOSE sales from March 1999 and February 2011 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 1999 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the February 2011 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 14 HARDWICK CLOSE be worth now?

14 HARDWICK CLOSE might now be worth an estimated £548,677.

This is based on house price inflation of 70.7%, between February 2011 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 70.7% inflationary increase is applied to the most recent sale price for 14 HARDWICK CLOSE of £321,500 on 11th February 2011. For the value to have increased from £321,500 to £548,677 over the twelve years and two months to December 2024, the following assumptions must hold true:

• The value of 14 HARDWICK CLOSE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The February 2011 sale price of £321,500 represented a fair market value for the property.
• The size, condition, and specification of 14 HARDWICK CLOSE has not materially changed since February 2011.

How Large is 14 HARDWICK CLOSE?

14 HARDWICK CLOSE is 159m² according to the EPC inspection conducted in June 2010. This puts it in the largest 20% 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 14 HARDWICK CLOSE lies on this distribution: 81% of detached houses houses are smaller than 14 HARDWICK CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Oakham.

14 HARDWICK CLOSE: Plot and Title Map

14 HARDWICK CLOSE sits on a plot of roughly 31.7 acres, or 128,484m². The below map shows the location of 14 HARDWICK 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 14 HARDWICK 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 14 HARDWICK CLOSE?

14 HARDWICK CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 14 on HARDWICK CLOSE.