15, CALDER CLOSE, OAKHAM, LE15 6ST - £294,580

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

15 CALDER CLOSE is a small extended detached house of 93m², built sometime between 1976 and 1982, which could now be worth an estimated £357,500. It was last sold for £294,580 in March 2020, which was around 27% below the average March 2020 detached price in the Rutland local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was C.

15 CALDER CLOSE Sold Prices

Land registry data shows two sales for 15 CALDER 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 15 CALDER 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
2020 19 MAR	£294,580	£400,887	27% below HPI
2013 11 OCT	£185,000	£294,519	37% below HPI

15 CALDER 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 15 CALDER CLOSE sales from October 2013 and March 2020 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 October 2013 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2020 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 15 CALDER CLOSE be worth now?

15 CALDER CLOSE might now be worth an estimated £357,500.

This is based on house price inflation of 21.4%, between March 2020 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 21.4% inflationary increase is applied to the most recent sale price for 15 CALDER CLOSE of £294,580 on 19th March 2020. For the value to have increased from £294,580 to £357,500 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 15 CALDER CLOSE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The March 2020 sale price of £294,580 represented a fair market value for the property.
• The size, condition, and specification of 15 CALDER CLOSE has not materially changed since March 2020.

How Large is 15 CALDER CLOSE?

15 CALDER CLOSE is 93m², which includes two extensions, according to the EPC inspection conducted in August 2019. This puts it in the smallest 30% 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 15 CALDER CLOSE lies on this distribution: 25% of detached houses houses are smaller than 15 CALDER CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Oakham.

15 CALDER CLOSE: Plot and Title Map

15 CALDER CLOSE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 15 CALDER 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 15 CALDER 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 15 CALDER CLOSE?

15 CALDER CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 15 on CALDER CLOSE.