4, GILMORE CLOSE, OAKHAM, LE15 6FR - £272,500

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

4 GILMORE CLOSE is a very small extended detached house of 84m², built sometime between 1996 and 2002. It was last sold for £272,500 in December 2017, which was around 29% below the average December 2017 detached price in the Rutland local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

4 GILMORE CLOSE Sold Prices

Land registry data shows three sales for 4 GILMORE 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 GILMORE 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
2017 15 DEC	£272,500	£385,246	29% below HPI
2011 30 SEP	£193,500	£299,627	35% below HPI
1999 29 OCT	£93,950	£120,078	22% below HPI

4 GILMORE 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 GILMORE CLOSE sales between October 1999 and December 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 September 2011 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the December 2017 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 4 GILMORE CLOSE?

4 GILMORE CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 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 GILMORE CLOSE lies on this distribution: 13% of detached houses are smaller than 4 GILMORE CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Oakham.

4 GILMORE CLOSE: Plot and Title Map

4 GILMORE CLOSE sits on a plot of roughly 0.063 of an acre, or 257m². The below map shows the location of 4 GILMORE 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 GILMORE 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 GILMORE CLOSE?

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