3, CLARESHOLM CLOSE, OAKHAM, LE15 6UR - £332,000

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 CLARESHOLM CLOSE is a small detached house of 91m², built sometime between 1976 and 1982. It was last sold for £332,000 in December 2015, which was around 4% below the average December 2015 detached price in the Rutland local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

3 CLARESHOLM CLOSE Sold Prices

Land registry data shows three sales for 3 CLARESHOLM 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. Two of the three 3 CLARESHOLM CLOSE sales were for below the average price, whilst one was 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
2015 1 DEC	£332,000	£345,479	4% below HPI
2002 29 OCT	£220,000	£202,409	9% above HPI
1996 3 MAY	£76,250	£92,181	17% below HPI

3 CLARESHOLM 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 3 CLARESHOLM CLOSE sales between May 1996 and December 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 October 2002 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the December 2015 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 3 CLARESHOLM CLOSE?

3 CLARESHOLM CLOSE is 91m² according to the EPC inspection conducted in May 2015. 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 3 CLARESHOLM CLOSE lies on this distribution: 22% of detached houses are smaller than 3 CLARESHOLM CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Oakham.

3 CLARESHOLM CLOSE: Plot and Title Map

3 CLARESHOLM CLOSE sits on a plot of roughly 48.4 acres, or 195,737m². The below map shows the location of 3 CLARESHOLM 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 CLARESHOLM 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 CLARESHOLM CLOSE?

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