23, IRWELL CLOSE, OAKHAM, LE15 6SX - £280,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

23 IRWELL CLOSE is a small extended detached house of 91m², built sometime between 1996 and 2002. It was last sold for £280,000 in December 2020, which was around 35% below the average December 2020 detached price in the Rutland local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

23 IRWELL CLOSE Sold Prices

Land registry data shows three sales for 23 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 23 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
2020 9 DEC	£280,000	£431,290	35% below HPI
2019 11 APR	£260,000	£405,257	36% below HPI
2000 24 MAR	£89,950	£132,779	32% below HPI

23 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 23 IRWELL CLOSE sales between March 2000 and December 2020 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 2019 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2020 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 23 IRWELL CLOSE?

23 IRWELL CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 30% of detached houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 23 IRWELL CLOSE lies on this distribution: 22% of detached houses are smaller than 23 IRWELL CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Oakham.

23 IRWELL CLOSE: Plot and Title Map

23 IRWELL CLOSE sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 23 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 23 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 23 IRWELL CLOSE?

23 IRWELL CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 23 on IRWELL CLOSE.