6, FORTH CLOSE, OAKHAM, LE15 6JW - £210,000

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

6 FORTH CLOSE is a very small detached house of 75m², built sometime between 1976 and 1982. It was last sold for £210,000 in September 2014, which was around 35% below the average September 2014 detached price in the Rutland local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was B.

6 FORTH CLOSE Sold Prices

Land registry data shows two sales for 6 FORTH 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 6 FORTH 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
2014 26 SEP	£210,000	£320,821	35% below HPI
2001 24 AUG	£130,500	£160,049	18% below HPI

6 FORTH 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 6 FORTH CLOSE sales from August 2001 and September 2014 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 August 2001 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the September 2014 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 6 FORTH CLOSE?

6 FORTH CLOSE is 75m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% of detached houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 6 FORTH CLOSE lies on this distribution: 7% of detached houses are smaller than 6 FORTH CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Oakham.

6 FORTH CLOSE: Plot and Title Map

6 FORTH CLOSE sits on a plot of roughly 0.108 of an acre, or 439m². The below map shows the location of 6 FORTH 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 6 FORTH 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 6 FORTH CLOSE?

6 FORTH CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 6 on FORTH CLOSE.