22, CHILTERN CLOSE, OAKHAM, LE15 6NW - £202,500

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

22 CHILTERN CLOSE is a very small extended detached house of 84m², built sometime between 1967 and 1975. It was last sold for £202,500 in August 2018, which was around 50% below the average August 2018 detached price in the Rutland local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

22 CHILTERN CLOSE Sold Prices

Land registry data shows three sales for 22 CHILTERN 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 22 CHILTERN 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
2018 24 AUG	£202,500	£402,294	50% below HPI
2014 25 JUL	£166,500	£314,080	47% below HPI
2012 26 MAR	£145,000	£285,962	49% below HPI

22 CHILTERN 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 22 CHILTERN CLOSE sales between March 2012 and August 2018 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 2014 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the August 2018 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 22 CHILTERN CLOSE?

22 CHILTERN CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of detached houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 22 CHILTERN CLOSE lies on this distribution: 13% of detached houses are smaller than 22 CHILTERN CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Oakham.

22 CHILTERN CLOSE: Plot and Title Map

22 CHILTERN CLOSE sits on a plot of roughly 28.8 acres, or 116,687m². The below map shows the location of 22 CHILTERN 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 22 CHILTERN 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 22 CHILTERN CLOSE?

22 CHILTERN CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 22 on CHILTERN CLOSE.