2, HOLYROOD CLOSE, OAKHAM, LE15 6SF - £465,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 HOLYROOD CLOSE is a very large extended detached house of 159m², built sometime between 1967 and 1975, which could now be worth an estimated £545,604. It was last sold for £465,500 in September 2021, which was around 10% above the average September 2021 detached price in the Rutland local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was C.

2 HOLYROOD CLOSE Sold Prices

Land registry data shows four sales for 2 HOLYROOD 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. Most of the four 2 HOLYROOD 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
2021 16 SEP	£465,500	£424,645	10% above HPI
2003 9 SEP	£265,000	£235,687	12% above HPI
1999 23 APR	£135,000	£109,065	24% above HPI
1995 2 JUN	£75,000	£93,739	20% below HPI

2 HOLYROOD 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 HOLYROOD CLOSE sales between June 1995 and September 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 2003 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2021 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 2 HOLYROOD CLOSE be worth now?

2 HOLYROOD CLOSE might now be worth an estimated £545,604.

This is based on house price inflation of 17.2%, between September 2021 and December 2024, 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 17.2% inflationary increase is applied to the most recent sale price for 2 HOLYROOD CLOSE of £465,500 on 16th September 2021. For the value to have increased from £465,500 to £545,604 over the two years and nine months to December 2024, the following assumptions must hold true:

• The value of 2 HOLYROOD CLOSE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The September 2021 sale price of £465,500 represented a fair market value for the property.
• The size, condition, and specification of 2 HOLYROOD CLOSE has not materially changed since September 2021.

How Large is 2 HOLYROOD CLOSE?

2 HOLYROOD CLOSE is 159m², which includes two extensions, according to the EPC inspection conducted in March 2021. This puts it in the largest 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 2 HOLYROOD CLOSE lies on this distribution: 81% of detached houses houses are smaller than 2 HOLYROOD CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Oakham.

2 HOLYROOD CLOSE: Plot and Title Map

2 HOLYROOD CLOSE sits on a plot of roughly 60.4 acres, or 244,361m². The below map shows the location of 2 HOLYROOD 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 HOLYROOD 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 HOLYROOD CLOSE?

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