14, JAY CLOSE, OAKHAM, LE15 6BJ - £580,000

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

14 JAY CLOSE is a large extended detached house of 133m², built sometime between 1983 and 1990. It was last sold for £580,000 in October 2023, which was around 11% above the average October 2023 detached price in the Rutland local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

14 JAY CLOSE Sold Prices

Land registry data shows four sales for 14 JAY CLOSE since 1^st 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 14 JAY 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
2023 30 OCT	£580,000	£522,142	11% above HPI
2018 31 JUL	£420,000	£398,998	5% above HPI
2010 19 NOV	£321,500	£293,089	10% above HPI
1999 30 NOV	£130,000	£123,700	5% above HPI

14 JAY 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 four 14 JAY CLOSE sales between November 1999 and October 2023 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 2018 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the October 2023 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 14 JAY CLOSE?

14 JAY CLOSE is 133m², which includes one extension, according to the EPC inspection conducted in August 2023. 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 14 JAY CLOSE lies on this distribution: 63% of detached houses are smaller than 14 JAY CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Oakham.

14 JAY CLOSE: Plot and Title Map

14 JAY CLOSE sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 14 JAY 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 JAY 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 JAY CLOSE?

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