3, HAMBLETON CLOSE, OAKHAM, LE15 6FY - £670,000

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 HAMBLETON CLOSE is a very large extended detached house of 171m², built sometime between 1996 and 2002. It was last sold for £670,000 in September 2022, which was around 34% above the average September 2022 detached price in the Rutland local authority area. The most recent EPC inspection was April 2022, where the current energy rating was B, and the potential energy rating was B.

3 HAMBLETON CLOSE Sold Prices

Land registry data shows four sales for 3 HAMBLETON 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 3 HAMBLETON 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
2022 29 SEP	£670,000	£499,658	34% above HPI
2015 3 DEC	£425,000	£345,479	23% above HPI
2010 16 DEC	£365,000	£296,522	23% above HPI
2000 12 DEC	£214,000	£150,275	42% above HPI

3 HAMBLETON 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 3 HAMBLETON CLOSE sales between December 2000 and September 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 December 2015 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the September 2022 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 3 HAMBLETON CLOSE?

3 HAMBLETON CLOSE is 171m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 20% 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 HAMBLETON CLOSE lies on this distribution: 85% of detached houses are smaller than 3 HAMBLETON CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Oakham.

3 HAMBLETON CLOSE: Plot and Title Map

3 HAMBLETON CLOSE sits on a plot of roughly 31.7 acres, or 128,484m². The below map shows the location of 3 HAMBLETON 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 HAMBLETON 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 HAMBLETON CLOSE?

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