7, HORN CLOSE, OAKHAM, LE15 6FE - £220,000

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 HORN CLOSE is a very small detached house of 90m², built sometime between 1996 and 2002. It was last sold for £220,000 in November 2012, which was around 25% below the average November 2012 detached price in the Rutland local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

7 HORN CLOSE Sold Prices

Land registry data shows four sales for 7 HORN 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 HORN 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
2012 29 NOV	£220,000	£294,978	25% below HPI
2002 26 APR	£142,000	£169,505	16% below HPI
1999 12 FEB	£88,500	£104,302	15% below HPI
1998 27 MAR	£87,950	£107,277	18% below HPI

7 HORN 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 HORN CLOSE sales between March 1998 and November 2012 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 April 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2012 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 7 HORN CLOSE?

7 HORN CLOSE is 90m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 20% 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 HORN CLOSE lies on this distribution: 20% of detached houses are smaller than 7 HORN CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Oakham.

7 HORN CLOSE: Plot and Title Map

7 HORN CLOSE sits on a plot of roughly 31.7 acres, or 128,484m². The below map shows the location of 7 HORN 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 HORN 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 HORN CLOSE?

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