18, HORN CLOSE, OAKHAM, LE15 6FE - £325,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 HORN CLOSE is a very small extended detached house of 90m², built sometime between 1996 and 2002, which could now be worth an estimated £362,808. It was last sold for £325,000 in November 2021, which was around 25% below the average November 2021 detached price in the Rutland local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

18 HORN CLOSE Sold Prices

Land registry data shows three sales for 18 HORN 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 18 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
2021 10 NOV	£325,000	£435,814	25% below HPI
2001 4 SEP	£115,000	£155,209	26% below HPI
1998 30 APR	£87,950	£103,612	15% below HPI

18 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 three 18 HORN CLOSE sales between April 1998 and November 2021 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 September 2001 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 18 HORN CLOSE be worth now?

18 HORN CLOSE might now be worth an estimated £362,808.

This is based on house price inflation of 11.6%, between November 2021 and February 2025, for detached houses, in the Rutland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.6% inflationary increase is applied to the most recent sale price for 18 HORN CLOSE of £325,000 on 10th November 2021. For the value to have increased from £325,000 to £362,808 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 18 HORN CLOSE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The November 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 18 HORN CLOSE has not materially changed since November 2021.

How Large is 18 HORN CLOSE?

18 HORN CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% of detached houses houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakham, and where 18 HORN CLOSE lies on this distribution: 20% of detached houses houses are smaller than 18 HORN CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Oakham.

18 HORN CLOSE: Plot and Title Map

18 HORN CLOSE sits on a plot of roughly 0.068 of an acre, or 275m². The below map shows the location of 18 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 18 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 18 HORN CLOSE?

18 HORN CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 18 on HORN CLOSE.