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
24 CHILTERN CLOSE is a very small extended detached house of 77m², built sometime between 1967 and 1975. It was last sold for £194,950 in February 2015, which was around 39% 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.
Land registry data shows four sales for 24 CHILTERN CLOSE since 1st 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 | £322,180 | 39% below HPI |
2012 21 SEP | £157,000 | £284,914 | 45% below HPI |
2001 27 APR | £96,500 | £150,223 | 36% below HPI |
1998 9 JAN | £72,000 | £112,873 | 36% below HPI |
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 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the February 2015 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.
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 in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 24 CHILTERN CLOSE lies on this distribution: 8% of detached 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 sits on a plot of roughly 28.8 acres, or 116,687m². 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.
24 CHILTERN CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 24 on CHILTERN CLOSE.