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
18 TOLETHORPE CLOSE is a very large extended detached house of 208m², built sometime between 1996 and 2002. It was last sold for £715,000 in October 2023, which was around 37% above the average October 2023 detached price in the Rutland local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 18 TOLETHORPE CLOSE since 1st 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 18 TOLETHORPE CLOSE sales were for above 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 17 OCT | £715,000 | £522,142 | 37% above HPI |
2001 30 NOV | £295,000 | £165,139 | 79% above HPI |
The below graph shows the average detached house price in the Rutland local authority area over time, sourced from the HPI. The two 18 TOLETHORPE CLOSE sales from November 2001 and October 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 November 2001 sale was for 79% above the HPI. So the extrapolation line tracks at 79% above the HPI over time, until the October 2023 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.
18 TOLETHORPE CLOSE is 208m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 10% of detached houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 18 TOLETHORPE CLOSE lies on this distribution: 95% of detached houses are smaller than 18 TOLETHORPE CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Oakham.
18 TOLETHORPE CLOSE sits on a plot of roughly 31.7 acres, or 128,484m². The below map shows the location of 18 TOLETHORPE 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 TOLETHORPE 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.
18 TOLETHORPE CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 18 on TOLETHORPE CLOSE.