5, SANDRINGHAM CLOSE, OAKHAM, LE15 6SH - £385,000

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 SANDRINGHAM CLOSE is a large detached house of 146m², built sometime between 1967 and 1975, which could now be worth an estimated £448,959. It was last sold for £385,000 in December 2019, which was around 8% below the average December 2019 detached price in the Rutland local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

5 SANDRINGHAM CLOSE Sold Prices

Land registry data shows two sales for 5 SANDRINGHAM 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 SANDRINGHAM 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
2019 6 DEC	£385,000	£417,204	8% below HPI
2004 1 JUL	£245,000	£254,631	4% below HPI

5 SANDRINGHAM 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 SANDRINGHAM CLOSE sales from July 2004 and December 2019 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 July 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2019 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 5 SANDRINGHAM CLOSE be worth now?

5 SANDRINGHAM CLOSE might now be worth an estimated £448,959.

This is based on house price inflation of 16.6%, between December 2019 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 16.6% inflationary increase is applied to the most recent sale price for 5 SANDRINGHAM CLOSE of £385,000 on 6th December 2019. For the value to have increased from £385,000 to £448,959 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 SANDRINGHAM CLOSE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The December 2019 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SANDRINGHAM CLOSE has not materially changed since December 2019.

How Large is 5 SANDRINGHAM CLOSE?

5 SANDRINGHAM CLOSE is 146m² according to the EPC inspection conducted in August 2012. This puts it in the largest 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 5 SANDRINGHAM CLOSE lies on this distribution: 73% of detached houses houses are smaller than 5 SANDRINGHAM CLOSE, and 26% of houses are larger. Note that EPC data is not available for all properties in Oakham.

5 SANDRINGHAM CLOSE: Plot and Title Map

5 SANDRINGHAM CLOSE sits on a plot of roughly 0.221 of an acre, or 894m². The below map shows the location of 5 SANDRINGHAM 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 SANDRINGHAM 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 SANDRINGHAM CLOSE?

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