2, SCULTHORPE CLOSE, OAKHAM, LE15 6FJ - £712,500

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 SCULTHORPE CLOSE is a very large detached house of 243m², built sometime between 2003 and 2006, which could now be worth an estimated £748,490. It was last sold for £712,500 in February 2023, which was around 54% above the average February 2023 detached price in the Rutland local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

2 SCULTHORPE CLOSE Sold Prices

Land registry data shows three sales for 2 SCULTHORPE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the three 2 SCULTHORPE 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 1 FEB	£712,500	£463,120	54% above HPI
2010 14 JUL	£460,000	£276,153	67% above HPI
2004 30 JAN	£399,950	£220,854	81% above HPI

2 SCULTHORPE 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 three 2 SCULTHORPE CLOSE sales between January 2004 and February 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 July 2010 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the February 2023 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 2 SCULTHORPE CLOSE be worth now?

2 SCULTHORPE CLOSE might now be worth an estimated £748,490.

This is based on house price inflation of 5.1%, between February 2023 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 5.1% inflationary increase is applied to the most recent sale price for 2 SCULTHORPE CLOSE of £712,500 on 1st February 2023. For the value to have increased from £712,500 to £748,490 over the two years to February 2025, the following assumptions must hold true:

• The value of 2 SCULTHORPE CLOSE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The February 2023 sale price of £712,500 represented a fair market value for the property.
• The size, condition, and specification of 2 SCULTHORPE CLOSE has not materially changed since February 2023.

How Large is 2 SCULTHORPE CLOSE?

2 SCULTHORPE CLOSE is 243m² according to the EPC inspection conducted in May 2022. 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 SCULTHORPE CLOSE lies on this distribution: 98% of detached houses houses are smaller than 2 SCULTHORPE CLOSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Oakham.

2 SCULTHORPE CLOSE: Plot and Title Map

2 SCULTHORPE CLOSE sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of 2 SCULTHORPE 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 SCULTHORPE 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 SCULTHORPE CLOSE?

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