8, PICKWORTH CLOSE, OAKHAM, LE15 6FL - £315,000

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 PICKWORTH CLOSE is a small extended detached house of 103m², built sometime between 1996 and 2002. It was last sold for £315,000 in November 2021, which was around 32% below the average November 2021 detached price in the Rutland local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was B.

8 PICKWORTH CLOSE Sold Prices

Land registry data shows four sales for 8 PICKWORTH 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 PICKWORTH 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
2021 17 NOV	£315,000	£460,002	32% below HPI
2001 1 JUN	£111,950	£161,390	31% below HPI
2001 18 MAY	£111,000	£154,098	28% below HPI
2000 3 NOV	£107,950	£155,090	30% below HPI

8 PICKWORTH 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 PICKWORTH CLOSE sales between November 2000 and November 2021 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 2001 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 8 PICKWORTH CLOSE?

8 PICKWORTH CLOSE is 103m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 40% 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 PICKWORTH CLOSE lies on this distribution: 35% of detached houses are smaller than 8 PICKWORTH CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Oakham.

8 PICKWORTH CLOSE: Plot and Title Map

8 PICKWORTH CLOSE sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 8 PICKWORTH 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 PICKWORTH 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 PICKWORTH CLOSE?

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