5, CHILTERN CLOSE, OAKHAM, LE15 6NW - £365,000

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

5 CHILTERN CLOSE is a small extended detached house of 106m², built sometime between 1967 and 1975. It was last sold for £365,000 in March 2022, which was around 25% below the average March 2022 detached price in the Rutland local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was C.

5 CHILTERN CLOSE Sold Prices

Land registry data shows three sales for 5 CHILTERN 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 5 CHILTERN 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
2022 3 MAR	£365,000	£484,688	25% below HPI
2016 30 MAR	£240,000	£352,072	32% below HPI
2006 10 NOV	£202,000	£285,887	29% below HPI

5 CHILTERN 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 5 CHILTERN CLOSE sales between November 2006 and March 2022 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 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 5 CHILTERN CLOSE?

5 CHILTERN CLOSE is 106m², which includes two extensions, according to the EPC inspection conducted in December 2015. This puts it in the smallest 40% of detached houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 5 CHILTERN CLOSE lies on this distribution: 38% of detached houses are smaller than 5 CHILTERN CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Oakham.

5 CHILTERN CLOSE: Plot and Title Map

5 CHILTERN CLOSE sits on a plot of roughly 28.8 acres, or 116,687m². The below map shows the location of 5 CHILTERN 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 5 CHILTERN 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 5 CHILTERN CLOSE?

5 CHILTERN CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 5 on CHILTERN CLOSE.