16, WENTON CLOSE, COTTESMORE, OAKHAM, LE15 7DR - £280,000

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

16 WENTON CLOSE is a very small detached house of 74m², built sometime between 1976 and 1982. It was last sold for £280,000 in May 2023, which was around 45% below the average May 2023 detached price in the Rutland local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

16 WENTON CLOSE Sold Prices

Land registry data shows three sales for 16 WENTON 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 16 WENTON 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
2023 19 MAY	£280,000	£508,248	45% below HPI
2018 19 FEB	£215,000	£401,403	46% below HPI
1999 2 AUG	£70,000	£123,795	43% below HPI

16 WENTON 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 16 WENTON CLOSE sales between August 1999 and May 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 February 2018 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the May 2023 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 16 WENTON CLOSE?

16 WENTON CLOSE is 74m² according to the EPC inspection conducted in September 2017. This puts it in the smallest 20% of detached houses in Cottesmore, based on EPC data. The below chart shows the distribution of detached houses by size in Cottesmore, and where 16 WENTON CLOSE lies on this distribution: 11% of detached houses are smaller than 16 WENTON CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Cottesmore.

16 WENTON CLOSE: Plot and Title Map

16 WENTON CLOSE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 16 WENTON 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 WENTON 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 WENTON CLOSE?

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