5, RUTLAND CLOSE, UPPINGHAM, OAKHAM, LE15 9RF - £427,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 RUTLAND CLOSE is a midsized extended detached house of 137m², built sometime between 1996 and 2002, which could now be worth an estimated £420,372. It was last sold for £427,500 in December 2024, which was around 14% below the average December 2024 detached price in the Rutland local authority area. The most recent EPC inspection was October 2024, where the current energy rating was C, and the potential energy rating was B.

5 RUTLAND CLOSE Sold Prices

Land registry data shows three sales for 5 RUTLAND 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 RUTLAND 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 18 DEC	£427,500	£494,763	14% below HPI
2013 19 FEB	£250,000	£288,896	13% below HPI
1997 13 JUN	£72,000	£97,786	26% below HPI

5 RUTLAND 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 RUTLAND CLOSE sales between June 1997 and December 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 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the December 2024 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 5 RUTLAND CLOSE be worth now?

5 RUTLAND CLOSE might now be worth an estimated £420,372.

This is based on house price deflation of 1.7%, between December 2024 and February 2025, 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 1.7% deflationary decrease is applied to the most recent sale price for 5 RUTLAND CLOSE of £427,500 on 18th December 2024. For the value to have decreased from £427,500 to £420,372 over the one year and ten months to February 2025, the following assumptions must hold true:

• The value of 5 RUTLAND CLOSE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The December 2024 sale price of £427,500 represented a fair market value for the property.
• The size, condition, and specification of 5 RUTLAND CLOSE has not materially changed since December 2024.

How Large is 5 RUTLAND CLOSE?

5 RUTLAND CLOSE is 137m², which includes one extension, according to the EPC inspection conducted in October 2024. This puts it in the largest 50% 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 RUTLAND CLOSE lies on this distribution: 59% of detached houses houses are smaller than 5 RUTLAND CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Uppingham.

5 RUTLAND CLOSE: Plot and Title Map

5 RUTLAND CLOSE sits on a plot of roughly 0.163 of an acre, or 659m². The below map shows the location of 5 RUTLAND 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 RUTLAND 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 RUTLAND CLOSE?

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