7, LETHBRIDGE CLOSE, OAKHAM, LE15 6UJ - £535,000

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 LETHBRIDGE CLOSE is a midsized detached house of 122m², built sometime between 1983 and 1990. It was last sold for £535,000 in June 2023, which was around 1% above the average June 2023 detached price in the Rutland local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

7 LETHBRIDGE CLOSE Sold Prices

Land registry data shows two sales for 7 LETHBRIDGE 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 7 LETHBRIDGE 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
2023 28 JUN	£535,000	£530,380	1% above HPI
2013 15 JUL	£325,000	£306,827	6% above HPI

7 LETHBRIDGE 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 7 LETHBRIDGE CLOSE sales from July 2013 and June 2023 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 July 2013 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2023 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 7 LETHBRIDGE CLOSE?

7 LETHBRIDGE CLOSE is 122m² according to the EPC inspection conducted in March 2023. This puts it in the largest 50% 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 LETHBRIDGE CLOSE lies on this distribution: 53% of detached houses are smaller than 7 LETHBRIDGE CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Oakham.

7 LETHBRIDGE CLOSE: Plot and Title Map

7 LETHBRIDGE CLOSE sits on a plot of roughly 48.4 acres, or 195,737m². The below map shows the location of 7 LETHBRIDGE 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 LETHBRIDGE 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 LETHBRIDGE CLOSE?

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