8, HARDWICK CLOSE, OAKHAM, LE15 6FF - £379,950

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 HARDWICK CLOSE is a very large detached house of 170m², built sometime between 1996 and 2002. It was last sold for £379,950 in March 2014, which was around 23% above the average March 2014 detached price in the Rutland local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

8 HARDWICK CLOSE Sold Prices

Land registry data shows three sales for 8 HARDWICK CLOSE since 1^st 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 8 HARDWICK 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
2014 28 MAR	£379,950	£308,511	23% above HPI
2007 22 JUN	£316,000	£302,163	5% above HPI
1999 26 MAR	£156,450	£110,676	41% above HPI

8 HARDWICK 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 8 HARDWICK CLOSE sales between March 1999 and March 2014 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 June 2007 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2014 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

How Large is 8 HARDWICK CLOSE?

8 HARDWICK CLOSE is 170m² according to the EPC inspection conducted in January 2014. This puts it in the largest 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 HARDWICK CLOSE lies on this distribution: 85% of detached houses are smaller than 8 HARDWICK CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Oakham.

8 HARDWICK CLOSE: Plot and Title Map

8 HARDWICK CLOSE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 8 HARDWICK 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 HARDWICK 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 HARDWICK CLOSE?

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