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

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 WENSUM CLOSE is a small detached house of 91m², built sometime between 2003 and 2006. It was last sold for £292,000 in September 2020, which was around 37% 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	£460,254	37% below HPI
2015 20 NOV	£235,000	£340,783	31% below HPI
2001 30 MAR	£115,000	£154,065	25% 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 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2020 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

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 in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 4 WENSUM CLOSE lies on this distribution: 22% of detached 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.