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
20 WITHERS CLOSE is a small extended detached house of 103m², built sometime between 1996 and 2002. It was last sold for £370,000 in September 2023, which was around 30% below the average September 2023 detached price in the Rutland local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows five sales for 20 WITHERS CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the five 20 WITHERS 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 |
---|---|---|---|
2023 26 SEP | £370,000 | £529,026 | 30% below HPI |
2010 30 JUL | £250,000 | £291,480 | 14% below HPI |
2006 13 APR | £247,500 | £271,923 | 9% below HPI |
2002 29 NOV | £199,995 | £210,256 | 5% below HPI |
2001 2 MAR | £116,000 | £154,065 | 25% below HPI |
The below graph shows the average detached house price in the Rutland local authority area over time, sourced from the HPI. The five 20 WITHERS CLOSE sales between March 2001 and September 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 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2023 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
20 WITHERS CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 40% of detached houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 20 WITHERS CLOSE lies on this distribution: 35% of detached houses are smaller than 20 WITHERS CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Oakham.
20 WITHERS CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 20 WITHERS 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 20 WITHERS 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.
20 WITHERS CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 20 on WITHERS CLOSE.