21, FORTH CLOSE, OAKHAM, LE15 6JW - £315,000

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

21 FORTH CLOSE is a midsized extended detached house of 127m², built sometime between 1976 and 1982. It was last sold for £315,000 in July 2015, which was around 3% below the average July 2015 detached price in the Rutland local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

21 FORTH CLOSE Sold Prices

Land registry data shows three sales for 21 FORTH 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. Two of the three 21 FORTH CLOSE sales were for below the average price, whilst one was 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
2015 27 JUL	£315,000	£325,999	3% below HPI
2009 20 AUG	£280,000	£268,420	4% above HPI
1999 23 NOV	£110,000	£123,700	11% below HPI

21 FORTH 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 21 FORTH CLOSE sales between November 1999 and July 2015 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 2009 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the July 2015 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 21 FORTH CLOSE?

21 FORTH CLOSE is 127m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 50% of detached houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 21 FORTH CLOSE lies on this distribution: 58% of detached houses are smaller than 21 FORTH CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Oakham.

21 FORTH CLOSE: Plot and Title Map

21 FORTH CLOSE sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 21 FORTH 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 21 FORTH 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 21 FORTH CLOSE?

21 FORTH CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 21 on FORTH CLOSE.