24, CHILTERN CLOSE, OAKHAM, LE15 6NW - £194,950

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

24 CHILTERN CLOSE is a very small extended detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £310,726. It was last sold for £194,950 in February 2015, which was around 36% below the average February 2015 detached price in the Rutland local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

24 CHILTERN CLOSE Sold Prices

Land registry data shows four sales for 24 CHILTERN CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the four 24 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
2015 27 FEB	£194,950	£305,239	36% below HPI
2012 21 SEP	£157,000	£269,932	42% below HPI
2001 27 APR	£96,500	£142,324	32% below HPI
1998 9 JAN	£72,000	£106,938	33% below HPI

24 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 four 24 CHILTERN CLOSE sales between January 1998 and February 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 September 2012 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2015 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 24 CHILTERN CLOSE be worth now?

24 CHILTERN CLOSE might now be worth an estimated £310,726.

This is based on house price inflation of 59.4%, between February 2015 and February 2025, 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 59.4% inflationary increase is applied to the most recent sale price for 24 CHILTERN CLOSE of £194,950 on 27th February 2015. For the value to have increased from £194,950 to £310,726 over the ten years to February 2025, the following assumptions must hold true:

• The value of 24 CHILTERN CLOSE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The February 2015 sale price of £194,950 represented a fair market value for the property.
• The size, condition, and specification of 24 CHILTERN CLOSE has not materially changed since February 2015.

How Large is 24 CHILTERN CLOSE?

24 CHILTERN CLOSE is 77m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% 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 24 CHILTERN CLOSE lies on this distribution: 7% of detached houses houses are smaller than 24 CHILTERN CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Oakham.

24 CHILTERN CLOSE: Plot and Title Map

24 CHILTERN CLOSE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 24 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 24 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 24 CHILTERN CLOSE?

24 CHILTERN CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 24 on CHILTERN CLOSE.