22, PICKWORTH CLOSE, OAKHAM, LE15 6FL - £240,000

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

22 PICKWORTH CLOSE is a small detached house of 101m², built sometime between 1996 and 2002, which could now be worth an estimated £423,007. It was last sold for £240,000 in April 2007, which was around 15% below the average April 2007 detached price in the Rutland local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

22 PICKWORTH CLOSE Sold Prices

Land registry data shows three sales for 22 PICKWORTH 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 PICKWORTH 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
2007 20 APR	£240,000	£282,389	15% below HPI
2005 4 MAR	£190,000	£247,363	23% below HPI
2000 10 NOV	£104,450	£146,935	29% below HPI

22 PICKWORTH 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 PICKWORTH CLOSE sales between November 2000 and April 2007 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 March 2005 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2007 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 22 PICKWORTH CLOSE be worth now?

22 PICKWORTH CLOSE might now be worth an estimated £423,007.

This is based on house price inflation of 76.3%, between April 2007 and December 2024, 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 76.3% inflationary increase is applied to the most recent sale price for 22 PICKWORTH CLOSE of £240,000 on 20th April 2007. For the value to have increased from £240,000 to £423,007 over the sixteen years and four months to December 2024, the following assumptions must hold true:

• The value of 22 PICKWORTH CLOSE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The April 2007 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 22 PICKWORTH CLOSE has not materially changed since April 2007.

How Large is 22 PICKWORTH CLOSE?

22 PICKWORTH CLOSE is 101m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 40% 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 22 PICKWORTH CLOSE lies on this distribution: 32% of detached houses houses are smaller than 22 PICKWORTH CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Oakham.

22 PICKWORTH CLOSE: Plot and Title Map

22 PICKWORTH CLOSE sits on a plot of roughly 31.7 acres, or 128,484m². The below map shows the location of 22 PICKWORTH 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 PICKWORTH 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 PICKWORTH CLOSE?

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