8, TOLETHORPE CLOSE, OAKHAM, LE15 6GF - £477,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 TOLETHORPE CLOSE is a very large detached house of 163m², built sometime between 1996 and 2002, which could now be worth an estimated £537,695. It was last sold for £477,500 in October 2020, which was around 11% above the average October 2020 detached price in the Rutland local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

8 TOLETHORPE CLOSE Sold Prices

Land registry data shows three sales for 8 TOLETHORPE 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 TOLETHORPE 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
2020 20 OCT	£477,500	£432,048	11% above HPI
2011 25 NOV	£333,000	£284,139	17% above HPI
2001 6 JUL	£218,450	£150,304	45% above HPI

8 TOLETHORPE 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 TOLETHORPE CLOSE sales between July 2001 and October 2020 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 November 2011 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2020 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 8 TOLETHORPE CLOSE be worth now?

8 TOLETHORPE CLOSE might now be worth an estimated £537,695.

This is based on house price inflation of 12.6%, between October 2020 and February 2025, for detached houses, in the Rutland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.6% inflationary increase is applied to the most recent sale price for 8 TOLETHORPE CLOSE of £477,500 on 20th October 2020. For the value to have increased from £477,500 to £537,695 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 TOLETHORPE CLOSE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The October 2020 sale price of £477,500 represented a fair market value for the property.
• The size, condition, and specification of 8 TOLETHORPE CLOSE has not materially changed since October 2020.

How Large is 8 TOLETHORPE CLOSE?

8 TOLETHORPE CLOSE is 163m² according to the EPC inspection conducted in March 2011. This puts it in the largest 20% of detached houses houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakham, and where 8 TOLETHORPE CLOSE lies on this distribution: 83% of detached houses houses are smaller than 8 TOLETHORPE CLOSE, and 17% of houses are larger. Note that EPC data is not available for all properties in Oakham.

8 TOLETHORPE CLOSE: Plot and Title Map

8 TOLETHORPE CLOSE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 8 TOLETHORPE 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 TOLETHORPE 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 TOLETHORPE CLOSE?

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