17, FORTH CLOSE, OAKHAM, LE15 6JW - £470,000

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

17 FORTH CLOSE is a large extended detached house of 147m², built sometime between 1976 and 1982. It was last sold for £470,000 in March 2024, which was around 4% below the average March 2024 detached price in the Rutland local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

17 FORTH CLOSE Sold Prices

Land registry data shows two sales for 17 FORTH 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 17 FORTH 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 26 MAR	£470,000	£491,696	4% below HPI
2022 27 JAN	£440,000	£465,279	5% below HPI

17 FORTH 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 17 FORTH CLOSE sales from January 2022 and March 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 January 2022 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2024 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 17 FORTH CLOSE?

17 FORTH CLOSE is 147m², which includes three extensions, according to the EPC inspection conducted in January 2015. This puts it in the largest 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 17 FORTH CLOSE lies on this distribution: 74% of detached houses are smaller than 17 FORTH CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Oakham.

17 FORTH CLOSE: Plot and Title Map

17 FORTH CLOSE sits on a plot of roughly 57.3 acres, or 232,001m². The below map shows the location of 17 FORTH 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 17 FORTH 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 17 FORTH CLOSE?

17 FORTH CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 17 on FORTH CLOSE.