7, GRIFFITHS CLOSE, OAKHAM, LE15 6FP - £340,000

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

7 GRIFFITHS CLOSE is a small extended detached house of 100m², built sometime between 1996 and 2002. It was last sold for £340,000 in November 2019, which was around 21% below the average November 2019 detached price in the Rutland local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

7 GRIFFITHS CLOSE Sold Prices

Land registry data shows three sales for 7 GRIFFITHS CLOSE since 1st 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 7 GRIFFITHS CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

DatePriceHPI PriceVariation from HPI
2019
8 NOV
£340,000£431,828
down arrow
21% below HPI
2004
5 FEB
£215,000£233,849
down arrow
8% below HPI
1998
16 DEC
£101,000£110,427
down arrow
9% below HPI

7 GRIFFITHS 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 7 GRIFFITHS CLOSE sales between December 1998 and November 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 February 2004 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2019 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

7, GRIFFITHS CLOSE, OAKHAM, LE15 6FP: Price paid vs HM Land Registry's House Price Index

How Large is 7 GRIFFITHS CLOSE?

7 GRIFFITHS CLOSE is 100m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 40% of detached houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses by size in Oakham, and where 7 GRIFFITHS CLOSE lies on this distribution: 31% of detached houses are smaller than 7 GRIFFITHS CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Oakham.

7, GRIFFITHS CLOSE, OAKHAM, LE15 6FP: Size of property relative to detached houses in Oakham

7 GRIFFITHS CLOSE: Plot and Title Map

7 GRIFFITHS CLOSE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 7 GRIFFITHS 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 7 GRIFFITHS 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.

7, GRIFFITHS CLOSE, OAKHAM, LE15 6FP: Plot and title map

Where is 7 GRIFFITHS CLOSE?

7 GRIFFITHS CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 7 on GRIFFITHS CLOSE.

7, GRIFFITHS CLOSE, OAKHAM, LE15 6FP: Location map and indicative extent of plot

All sales of detached houses on GRIFFITHS CLOSE

7, GRIFFITHS CLOSE, OAKHAM, LE15 6FP
2019
8 NOV
£340,000
11, GRIFFITHS CLOSE, OAKHAM, LE15 6FP
2007
29 MAR
£298,000
11, GRIFFITHS CLOSE, OAKHAM, LE15 6FP
2004
13 FEB
£245,000
7, GRIFFITHS CLOSE, OAKHAM, LE15 6FP
2004
5 FEB
£215,000
12, GRIFFITHS CLOSE, OAKHAM, LE15 6FP
2002
18 JUN
£172,500
9, GRIFFITHS CLOSE, OAKHAM, LE15 6FP
2002
11 APR
£128,000
9, GRIFFITHS CLOSE, OAKHAM, LE15 6FP
1999
17 MAY
£87,950
11, GRIFFITHS CLOSE, OAKHAM, LE15 6FP
1999
3 FEB
£131,000
12, GRIFFITHS CLOSE, OAKHAM, LE15 6FP
1999
21 JAN
£107,500
1, GRIFFITHS CLOSE, OAKHAM, LE15 6FP
1999
15 JAN
£100,000
7, GRIFFITHS CLOSE, OAKHAM, LE15 6FP
1998
16 DEC
£101,000
3, GRIFFITHS CLOSE, OAKHAM, LE15 6FP
1998
2 DEC
£83,950
10, GRIFFITHS CLOSE, OAKHAM, LE15 6FP
1998
27 NOV
£136,000
Source: HM Land Registry Price Paid Data
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Source: HM Land Registry UK House Price Index
Licence: Contains HM Land Registry data © Crown copyright and database right 2024. This data is licensed under the Open Government Licence v3.0.
Copyright statement: This information is subject to Crown copyright and database rights 2024 and is reproduced with the permission of HM Land Registry. The polygons (including the associated geometry, namely x, y co-ordinates) are subject to Crown copyright and database rights 2024 Ordnance Survey 100026316. Conditions of use.