16, HORN CLOSE, OAKHAM, LE15 6FE - £342,500

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

16 HORN CLOSE is a midsized detached house of 112m², built sometime between 1996 and 2002. It was last sold for £342,500 in October 2019, which was around 20% below the average October 2019 detached price in the Rutland local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

16 HORN CLOSE Sold Prices

Land registry data shows two sales for 16 HORN 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 16 HORN 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
2019 29 OCT	£342,500	£426,391	20% below HPI
2012 13 AUG	£278,000	£279,658	1% below HPI

16 HORN 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 16 HORN CLOSE sales from August 2012 and October 2019 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 August 2012 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 16 HORN CLOSE?

16 HORN CLOSE is 112m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 50% of detached houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 16 HORN CLOSE lies on this distribution: 45% of detached houses are smaller than 16 HORN CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Oakham.

16 HORN CLOSE: Plot and Title Map

16 HORN CLOSE sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 16 HORN 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 16 HORN 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 16 HORN CLOSE?

16 HORN CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 16 on HORN CLOSE.