4, WENSUM CLOSE, OAKHAM, LE15 6FU - £292,000

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

4 WENSUM CLOSE is a small detached house of 91m², built sometime between 2003 and 2006, which could now be worth an estimated £333,295. It was last sold for £292,000 in September 2020, which was around 33% below the average September 2020 detached price in the Rutland local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

4 WENSUM CLOSE Sold Prices

Land registry data shows three sales for 4 WENSUM 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 WENSUM 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
2020 17 SEP	£292,000	£436,052	33% below HPI
2015 20 NOV	£235,000	£322,863	27% below HPI
2001 30 MAR	£115,000	£145,964	21% below HPI

4 WENSUM 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 WENSUM CLOSE sales between March 2001 and September 2020 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 November 2015 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2020 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 4 WENSUM CLOSE be worth now?

4 WENSUM CLOSE might now be worth an estimated £333,295.

This is based on house price inflation of 14.1%, between September 2020 and December 2024, 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 14.1% inflationary increase is applied to the most recent sale price for 4 WENSUM CLOSE of £292,000 on 17th September 2020. For the value to have increased from £292,000 to £333,295 over the three years and nine months to December 2024, the following assumptions must hold true:

• The value of 4 WENSUM CLOSE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The September 2020 sale price of £292,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WENSUM CLOSE has not materially changed since September 2020.

How Large is 4 WENSUM CLOSE?

4 WENSUM CLOSE is 91m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 30% 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 4 WENSUM CLOSE lies on this distribution: 22% of detached houses houses are smaller than 4 WENSUM CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Oakham.

4 WENSUM CLOSE: Plot and Title Map

4 WENSUM CLOSE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 4 WENSUM 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 WENSUM 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 WENSUM CLOSE?

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