31, TOLETHORPE CLOSE, OAKHAM, LE15 6GF - £339,950

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

31 TOLETHORPE CLOSE is a midsized extended detached house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £443,038. It was last sold for £339,950 in November 2017, which was around 9% below the average November 2017 detached price in the Rutland local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

31 TOLETHORPE CLOSE Sold Prices

Land registry data shows three sales for 31 TOLETHORPE 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. One of the three 31 TOLETHORPE CLOSE sales was for below the average price, whilst two 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
2017 24 NOV	£339,950	£373,309	9% below HPI
2009 27 AUG	£270,000	£254,305	6% above HPI
2004 19 NOV	£269,950	£259,325	4% above HPI

31 TOLETHORPE 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 31 TOLETHORPE CLOSE sales between November 2004 and November 2017 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 August 2009 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the November 2017 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 31 TOLETHORPE CLOSE be worth now?

31 TOLETHORPE CLOSE might now be worth an estimated £443,038.

This is based on house price inflation of 30.3%, between November 2017 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 30.3% inflationary increase is applied to the most recent sale price for 31 TOLETHORPE CLOSE of £339,950 on 24th November 2017. For the value to have increased from £339,950 to £443,038 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 31 TOLETHORPE CLOSE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The November 2017 sale price of £339,950 represented a fair market value for the property.
• The size, condition, and specification of 31 TOLETHORPE CLOSE has not materially changed since November 2017.

How Large is 31 TOLETHORPE CLOSE?

31 TOLETHORPE CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 50% of detached houses houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakham, and where 31 TOLETHORPE CLOSE lies on this distribution: 52% of detached houses houses are smaller than 31 TOLETHORPE CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Oakham.

31 TOLETHORPE CLOSE: Plot and Title Map

31 TOLETHORPE CLOSE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 31 TOLETHORPE 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 31 TOLETHORPE 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 31 TOLETHORPE CLOSE?

31 TOLETHORPE CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 31 on TOLETHORPE CLOSE.