8, AVON CLOSE, OAKHAM, LE15 6SR - £230,000

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

8 AVON CLOSE is a very small detached house of 84m², built sometime between 1976 and 1982. It was last sold for £230,000 in July 2013, which was around 25% below the average July 2013 detached price in the Rutland local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

8 AVON CLOSE Sold Prices

Land registry data shows four sales for 8 AVON 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 8 AVON 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
2013 30 JUL	£230,000	£306,827	25% below HPI
2002 19 JUL	£135,000	£198,533	32% below HPI
2000 20 SEP	£110,000	£153,941	29% below HPI
1996 9 FEB	£63,000	£89,179	29% below HPI

8 AVON 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 8 AVON CLOSE sales between February 1996 and July 2013 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 2002 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2013 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 8 AVON CLOSE?

8 AVON CLOSE is 84m² according to the EPC inspection conducted in July 2013. 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 8 AVON CLOSE lies on this distribution: 13% of detached houses are smaller than 8 AVON CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Oakham.

8 AVON CLOSE: Plot and Title Map

8 AVON CLOSE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 8 AVON 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 8 AVON 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 8 AVON CLOSE?

8 AVON CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 8 on AVON CLOSE.