15, JAY CLOSE, OAKHAM, LE15 6BJ - £225,000

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

15 JAY CLOSE is a small detached house of 94m², built sometime between 1991 and 1995. It was last sold for £225,000 in August 2014, which was around 28% below the average August 2014 detached price in the Rutland local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

15 JAY CLOSE Sold Prices

Land registry data shows four sales for 15 JAY CLOSE since 1st 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 15 JAY CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2014
28 AUG
£225,000£312,497
down arrow
28% below HPI
2011
9 DEC
£222,000£294,813
down arrow
25% below HPI
2008
1 SEP
£250,000£295,634
down arrow
15% below HPI
1998
24 JUL
£88,000£121,416
down arrow
28% below HPI

15 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 15 JAY CLOSE sales between July 1998 and August 2014 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 December 2011 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2014 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

15, JAY CLOSE, OAKHAM, LE15 6BJ: Price paid vs HM Land Registry's House Price Index

How Large is 15 JAY CLOSE?

15 JAY CLOSE is 94m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 30% of detached houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 15 JAY CLOSE lies on this distribution: 25% of detached houses are smaller than 15 JAY CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Oakham.

15, JAY CLOSE, OAKHAM, LE15 6BJ: Size of property relative to detached houses in Oakham

15 JAY CLOSE: Plot and Title Map

15 JAY CLOSE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 15 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 15 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.

15, JAY CLOSE, OAKHAM, LE15 6BJ: Plot and title map

Where is 15 JAY CLOSE?

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

15, JAY CLOSE, OAKHAM, LE15 6BJ: Location map and indicative extent of plot

All sales of detached houses on JAY CLOSE

2018
26 JAN
£245,000
2016
12 FEB
£290,000
2015
28 OCT
£294,500
15, JAY CLOSE, OAKHAM, LE15 6BJ
2014
28 AUG
£225,000
2013
25 OCT
£210,000
15, JAY CLOSE, OAKHAM, LE15 6BJ
2011
9 DEC
£222,000
2006
10 APR
£237,500
2005
15 DEC
£225,000
2003
27 NOV
£210,000
2003
22 OCT
£217,000
4, JAY CLOSE, OAKHAM, LE15 6BJ
2001
12 OCT
£127,500
2, JAY CLOSE, OAKHAM, LE15 6BJ
2001
30 APR
£98,000
2000
29 SEP
£114,500
5, JAY CLOSE, OAKHAM, LE15 6BJ
1999
22 MAR
£115,000
1998
18 DEC
£111,000
2, JAY CLOSE, OAKHAM, LE15 6BJ
1996
8 NOV
£60,000
4, JAY CLOSE, OAKHAM, LE15 6BJ
1996
27 SEP
£75,000
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.