4, BROOKE CLOSE, OAKHAM, LE15 6GD - £315,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 BROOKE CLOSE is a very large extended detached house of 175m², built sometime between 1991 and 1995. It was last sold for £315,000 in August 2013, which was around 5% above the average August 2013 detached price in the Rutland local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

4 BROOKE CLOSE Sold Prices

Land registry data shows three sales for 4 BROOKE 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 4 BROOKE 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
2013 13 AUG	£315,000	£299,064	5% above HPI
2005 12 DEC	£305,000	£264,786	15% above HPI
2002 9 AUG	£238,500	£206,127	16% above HPI

4 BROOKE 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 4 BROOKE CLOSE sales between August 2002 and August 2013 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 2005 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the August 2013 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 4 BROOKE CLOSE?

4 BROOKE CLOSE is 175m², which includes two extensions, according to the EPC inspection conducted in February 2013. 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 4 BROOKE CLOSE lies on this distribution: 87% of detached houses are smaller than 4 BROOKE CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Oakham.

4 BROOKE CLOSE: Plot and Title Map

4 BROOKE CLOSE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 4 BROOKE 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 4 BROOKE 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 4 BROOKE CLOSE?

4 BROOKE CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 4 on BROOKE CLOSE.