5, SCULTHORPE CLOSE, OAKHAM, LE15 6FJ - £350,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 SCULTHORPE CLOSE is a small detached house of 90m², built sometime between 2003 and 2006. It was last sold for £350,000 in December 2022, which was around 31% below the average December 2022 detached price in the Rutland local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

5 SCULTHORPE CLOSE Sold Prices

Land registry data shows two sales for 5 SCULTHORPE 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 SCULTHORPE 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 21 DEC	£350,000	£505,416	31% below HPI
2004 27 FEB	£179,000	£233,849	23% below HPI

5 SCULTHORPE 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 SCULTHORPE CLOSE sales from February 2004 and December 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 February 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2022 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 5 SCULTHORPE CLOSE?

5 SCULTHORPE CLOSE is 90m² according to the EPC inspection conducted in August 2022. 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 5 SCULTHORPE CLOSE lies on this distribution: 20% of detached houses are smaller than 5 SCULTHORPE CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Oakham.

5 SCULTHORPE CLOSE: Plot and Title Map

5 SCULTHORPE CLOSE sits on a plot of roughly 48.4 acres, or 195,737m². The below map shows the location of 5 SCULTHORPE 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 SCULTHORPE 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 SCULTHORPE CLOSE?

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