2, HAMBLETON CLOSE, OAKHAM, LE15 6FY - £410,000

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.

2 HAMBLETON CLOSE is a very large detached house of 226m², built sometime between 1996 and 2002, which could now be worth an estimated £705,091. It was last sold for £410,000 in October 2007, which was around 45% above the average October 2007 detached price in the Rutland local authority area. The most recent EPC inspection was December 2009, where the current energy rating was C, and the potential energy rating was C.

2 HAMBLETON CLOSE Sold Prices

Land registry data shows two sales for 2 HAMBLETON 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 HAMBLETON 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
2007 23 OCT	£410,000	£282,900	45% above HPI
2001 28 SEP	£273,000	£155,209	76% above HPI

2 HAMBLETON 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 HAMBLETON CLOSE sales from September 2001 and October 2007 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 76% above the HPI. So the extrapolation line tracks at 76% above the HPI over time, until the October 2007 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 2 HAMBLETON CLOSE be worth now?

2 HAMBLETON CLOSE might now be worth an estimated £705,091.

This is based on house price inflation of 72%, between October 2007 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 72% inflationary increase is applied to the most recent sale price for 2 HAMBLETON CLOSE of £410,000 on 23rd October 2007. For the value to have increased from £410,000 to £705,091 over the eighteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 HAMBLETON CLOSE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The October 2007 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HAMBLETON CLOSE has not materially changed since October 2007.

How Large is 2 HAMBLETON CLOSE?

2 HAMBLETON CLOSE is 226m² according to the EPC inspection conducted in December 2009. This puts it in the largest 10% 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 2 HAMBLETON CLOSE lies on this distribution: 97% of detached houses houses are smaller than 2 HAMBLETON CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Oakham.

2 HAMBLETON CLOSE: Plot and Title Map

2 HAMBLETON CLOSE sits on a plot of roughly 31.7 acres, or 128,484m². The below map shows the location of 2 HAMBLETON 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 HAMBLETON 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 HAMBLETON CLOSE?

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