2, FINCH CLOSE, UPPINGHAM, OAKHAM, LE15 9RG - £245,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 FINCH CLOSE is a very small semi-detached house of 72m², built sometime between 1976 and 1982. It was last sold for £245,000 in December 2020, which was around 43% below the average December 2020 detached price in the Rutland local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

2 FINCH CLOSE Sold Prices

Land registry data shows four sales for 2 FINCH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the four 2 FINCH 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
2020 4 DEC	£245,000	£431,290	43% below HPI
2015 4 AUG	£179,950	£340,691	47% below HPI
2005 11 FEB	£142,000	£260,354	45% below HPI
2001 13 SEP	£86,000	£163,823	48% below HPI

2 FINCH 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 four 2 FINCH CLOSE sales between September 2001 and December 2020 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 August 2015 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the December 2020 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 2 FINCH CLOSE?

2 FINCH CLOSE is 72m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of detached houses in Uppingham, based on EPC data. The below chart shows the distribution of detached houses by size in Uppingham, and where 2 FINCH CLOSE lies on this distribution: 5% of detached houses are smaller than 2 FINCH CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Uppingham.

2 FINCH CLOSE: Plot and Title Map

2 FINCH CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 2 FINCH 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 FINCH 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 FINCH CLOSE?

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