2, CHILTERN CLOSE, OAKHAM, LE15 6NW - £250,000

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

2 CHILTERN CLOSE is a midsized extended detached house of 114m², built sometime between 1976 and 1982. It was last sold for £250,000 in August 2016, which was around 30% below the average August 2016 detached price in the Rutland local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

2 CHILTERN CLOSE Sold Prices

Land registry data shows two sales for 2 CHILTERN 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 2 CHILTERN 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
2016 31 AUG	£250,000	£357,500	30% below HPI
1998 3 JUL	£63,950	£121,416	47% below HPI

2 CHILTERN 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 2 CHILTERN CLOSE sales from July 1998 and August 2016 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 July 1998 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the August 2016 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 2 CHILTERN CLOSE?

2 CHILTERN CLOSE is 114m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 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 2 CHILTERN CLOSE lies on this distribution: 46% of detached houses are smaller than 2 CHILTERN CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Oakham.

2 CHILTERN CLOSE: Plot and Title Map

2 CHILTERN CLOSE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 2 CHILTERN 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 2 CHILTERN 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 2 CHILTERN CLOSE?

2 CHILTERN CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 2 on CHILTERN CLOSE.