16, WITHERS CLOSE, OAKHAM, LE15 6GG - £435,000

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 WITHERS CLOSE is a midsized detached house of 124m², built sometime between 1996 and 2002. It was last sold for £435,000 in February 2024, which was around 14% below the average February 2024 detached price in the Rutland local authority area. The most recent EPC inspection was July 2023, where the current energy rating was B, and the potential energy rating was B.

16 WITHERS CLOSE Sold Prices

Land registry data shows two sales for 16 WITHERS 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 WITHERS 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
2024 1 FEB	£435,000	£506,655	14% below HPI
2000 10 NOV	£150,000	£155,090	3% below HPI

16 WITHERS 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 WITHERS CLOSE sales from November 2000 and February 2024 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 November 2000 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2024 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 16 WITHERS CLOSE?

16 WITHERS CLOSE is 124m² according to the EPC inspection conducted in July 2023. This puts it in the largest 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 WITHERS CLOSE lies on this distribution: 56% of detached houses are smaller than 16 WITHERS CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Oakham.

16 WITHERS CLOSE: Plot and Title Map

16 WITHERS CLOSE sits on a plot of roughly 0.123 of an acre, or 500m². The below map shows the location of 16 WITHERS 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 WITHERS 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 WITHERS CLOSE?

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