3, HAZEL CLOSE, UPPINGHAM, OAKHAM, LE15 9QZ - £315,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 HAZEL CLOSE is a very small detached house of 88m², built sometime between 2003 and 2006, which could now be worth an estimated £393,350. It was last sold for £315,000 in February 2019, which was around 19% below the average February 2019 detached price in the Rutland local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

3 HAZEL CLOSE Sold Prices

Land registry data shows three sales for 3 HAZEL 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 3 HAZEL 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
2019 15 FEB	£315,000	£389,606	19% below HPI
2006 7 JUL	£250,000	£260,831	4% below HPI
2003 17 OCT	£210,000	£229,454	8% below HPI

3 HAZEL 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 HAZEL CLOSE sales between October 2003 and February 2019 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 July 2006 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2019 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 3 HAZEL CLOSE be worth now?

3 HAZEL CLOSE might now be worth an estimated £393,350.

This is based on house price inflation of 24.9%, between February 2019 and February 2025, for detached houses, in the Rutland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.9% inflationary increase is applied to the most recent sale price for 3 HAZEL CLOSE of £315,000 on 15th February 2019. For the value to have increased from £315,000 to £393,350 over the six years to February 2025, the following assumptions must hold true:

• The value of 3 HAZEL CLOSE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The February 2019 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HAZEL CLOSE has not materially changed since February 2019.

How Large is 3 HAZEL CLOSE?

3 HAZEL CLOSE is 88m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% of detached houses houses in Uppingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Uppingham, and where 3 HAZEL CLOSE lies on this distribution: 15% of detached houses houses are smaller than 3 HAZEL CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Uppingham.

3 HAZEL CLOSE: Plot and Title Map

3 HAZEL CLOSE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 3 HAZEL 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 HAZEL 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 HAZEL CLOSE?

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