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 PILTON CLOSE is a very small detached house of 49m², built sometime between 2003 and 2006. It was last sold for £135,000 in July 2005, which was around 50% below the average July 2005 detached price in the Rutland local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows two sales for 4 PILTON CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. Both of the two 4 PILTON 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 |
---|---|---|---|
2005 25 JUL | £135,000 | £268,002 | 50% below HPI |
2004 26 MAR | £129,950 | £227,696 | 43% below HPI |
The below graph shows the average detached house price in the Rutland local authority area over time, sourced from the HPI. The two 4 PILTON CLOSE sales from March 2004 and July 2005 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 March 2004 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the July 2005 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.
4 PILTON CLOSE is 49m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% 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 PILTON CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 4 PILTON CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Oakham.
4 PILTON CLOSE sits on a plot of roughly 0.025 of an acre, or 100m². The below map shows the location of 4 PILTON 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 PILTON 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.
4 PILTON CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 4 on PILTON CLOSE.