7, HAZEL CLOSE, UPPINGHAM, OAKHAM, LE15 9QZ - £410,000

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.

7 HAZEL CLOSE is a very large detached house of 175m², built sometime between 2003 and 2006, which could now be worth an estimated £617,984. It was last sold for £410,000 in August 2015, which was around 27% above the average August 2015 detached price in the Rutland local authority area. The most recent EPC inspection was December 2013, where the current energy rating was C, and the potential energy rating was B.

7 HAZEL CLOSE Sold Prices

Land registry data shows four sales for 7 HAZEL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the four 7 HAZEL CLOSE sales were for above 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
2015 28 AUG	£410,000	£322,776	27% above HPI
2012 27 FEB	£352,000	£266,765	32% above HPI
2004 12 JUL	£357,000	£254,631	40% above HPI
2003 28 NOV	£335,000	£225,963	48% above HPI

7 HAZEL 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 four 7 HAZEL CLOSE sales between November 2003 and August 2015 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 2012 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the August 2015 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 7 HAZEL CLOSE be worth now?

7 HAZEL CLOSE might now be worth an estimated £617,984.

This is based on house price inflation of 50.7%, between August 2015 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 50.7% inflationary increase is applied to the most recent sale price for 7 HAZEL CLOSE of £410,000 on 28th August 2015. For the value to have increased from £410,000 to £617,984 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 7 HAZEL CLOSE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The August 2015 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HAZEL CLOSE has not materially changed since August 2015.

How Large is 7 HAZEL CLOSE?

7 HAZEL CLOSE is 175m² according to the EPC inspection conducted in December 2013. This puts it in the largest 20% 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 7 HAZEL CLOSE lies on this distribution: 86% of detached houses houses are smaller than 7 HAZEL CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Uppingham.

7 HAZEL CLOSE: Plot and Title Map

7 HAZEL CLOSE sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 7 HAZEL 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 HAZEL 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 7 HAZEL CLOSE?

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