5, OAK CLOSE, UPPINGHAM, OAKHAM, LE15 9SU - £330,000

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

5 OAK CLOSE is a very small detached house of 73m², built sometime between 1996 and 2002, which could now be worth an estimated £360,499. It was last sold for £330,000 in April 2024, which was around 28% below the average April 2024 detached price in the Rutland local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was B.

5 OAK CLOSE Sold Prices

Land registry data shows two sales for 5 OAK CLOSE since 1^st 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 5 OAK 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
2024 3 APR	£330,000	£455,611	28% below HPI
2008 15 FEB	£202,500	£292,809	31% below HPI

5 OAK 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 two 5 OAK CLOSE sales from February 2008 and April 2024 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 February 2008 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2024 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 5 OAK CLOSE be worth now?

5 OAK CLOSE might now be worth an estimated £360,499.

This is based on house price inflation of 9.2%, between April 2024 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 9.2% inflationary increase is applied to the most recent sale price for 5 OAK CLOSE of £330,000 on 3rd April 2024. For the value to have increased from £330,000 to £360,499 over the four months to December 2024, the following assumptions must hold true:

• The value of 5 OAK CLOSE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The April 2024 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 5 OAK CLOSE has not materially changed since April 2024.

How Large is 5 OAK CLOSE?

5 OAK CLOSE is 73m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 10% of detached houses houses in Uppingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Uppingham, and where 5 OAK CLOSE lies on this distribution: 6% of detached houses houses are smaller than 5 OAK CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Uppingham.

5 OAK CLOSE: Plot and Title Map

5 OAK CLOSE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 5 OAK 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 OAK 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 OAK CLOSE?

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