22, IRWELL CLOSE, OAKHAM, LE15 6SX - £229,950

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 IRWELL CLOSE is a midsized detached house of 110m², built sometime between 1996 and 2002. It was last sold for £229,950 in October 2009, which was around 18% below the average October 2009 detached price in the Rutland local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

22 IRWELL CLOSE Sold Prices

Land registry data shows three sales for 22 IRWELL 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 IRWELL 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
2009 19 OCT	£229,950	£278,759	18% below HPI
2004 19 APR	£199,950	£233,433	14% below HPI
1999 13 SEP	£106,000	£124,383	15% below HPI

22 IRWELL 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 IRWELL CLOSE sales between September 1999 and October 2009 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 April 2004 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2009 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 22 IRWELL CLOSE?

22 IRWELL CLOSE is 110m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 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 22 IRWELL CLOSE lies on this distribution: 42% of detached houses are smaller than 22 IRWELL CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Oakham.

22 IRWELL CLOSE: Plot and Title Map

22 IRWELL CLOSE sits on a plot of roughly 57.3 acres, or 232,001m². The below map shows the location of 22 IRWELL 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 IRWELL 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 IRWELL CLOSE?

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