3, BARMSTEDT CLOSE, OAKHAM, LE15 6RJ - £350,000

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

3 BARMSTEDT CLOSE is a large detached house of 144m², built sometime between 2003 and 2006. It was last sold for £350,000 in July 2014, which was around 11% above the average July 2014 detached price in the Rutland local authority area. The most recent EPC inspection was January 2012, where the current energy rating was C, and the potential energy rating was C.

3 BARMSTEDT CLOSE Sold Prices

Land registry data shows two sales for 3 BARMSTEDT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. Both of the two 3 BARMSTEDT CLOSE sales were for above 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
2014 25 JUL	£350,000	£314,080	11% above HPI
2004 26 MAR	£263,000	£227,696	16% above HPI

3 BARMSTEDT 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 two 3 BARMSTEDT CLOSE sales from March 2004 and July 2014 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 2004 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2014 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 3 BARMSTEDT CLOSE?

3 BARMSTEDT CLOSE is 144m² according to the EPC inspection conducted in January 2012. This puts it in the largest 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 3 BARMSTEDT CLOSE lies on this distribution: 72% of detached houses are smaller than 3 BARMSTEDT CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in Oakham.

3 BARMSTEDT CLOSE: Plot and Title Map

3 BARMSTEDT CLOSE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 3 BARMSTEDT 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 3 BARMSTEDT 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 3 BARMSTEDT CLOSE?

3 BARMSTEDT CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 3 on BARMSTEDT CLOSE.