28, IRWELL CLOSE, OAKHAM, LE15 6SX - £385,000

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

28 IRWELL CLOSE is a midsized extended detached house of 109m², built sometime between 1996 and 2002. It was last sold for £385,000 in October 2022, which was around 22% below the average October 2022 detached price in the Rutland local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

28 IRWELL CLOSE Sold Prices

Land registry data shows three sales for 28 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 28 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
2022 17 OCT	£385,000	£492,571	22% below HPI
2008 26 JUN	£249,950	£317,978	21% below HPI
2000 28 JUL	£112,000	£146,545	24% below HPI

28 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 28 IRWELL CLOSE sales between July 2000 and October 2022 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 June 2008 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2022 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 28 IRWELL CLOSE?

28 IRWELL CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in April 2022. 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 28 IRWELL CLOSE lies on this distribution: 41% of detached houses are smaller than 28 IRWELL CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Oakham.

28 IRWELL CLOSE: Plot and Title Map

28 IRWELL CLOSE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 28 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 28 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 28 IRWELL CLOSE?

28 IRWELL CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 28 on IRWELL CLOSE.