15, WENSUM CLOSE, OAKHAM, LE15 6FU - £370,000

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 WENSUM CLOSE is a very small extended detached house of 89m², built sometime between 1996 and 2002. It was last sold for £370,000 in November 2022, which was around 26% below the average November 2022 detached price in the Rutland local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

15 WENSUM CLOSE Sold Prices

Land registry data shows three sales for 15 WENSUM 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 15 WENSUM 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
2022 4 NOV	£370,000	£498,196	26% below HPI
2021 9 DEC	£350,000	£455,010	23% below HPI
2001 10 APR	£109,950	£150,223	27% below HPI

15 WENSUM 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 15 WENSUM CLOSE sales between April 2001 and November 2022 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 2021 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the November 2022 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 15 WENSUM CLOSE?

15 WENSUM CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 20% 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 WENSUM CLOSE lies on this distribution: 18% of detached houses are smaller than 15 WENSUM CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Oakham.

15 WENSUM CLOSE: Plot and Title Map

15 WENSUM CLOSE sits on a plot of roughly 31.7 acres, or 128,484m². The below map shows the location of 15 WENSUM 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 WENSUM 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 WENSUM CLOSE?

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