8, WITHERS CLOSE, OAKHAM, LE15 6GG - £242,000

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 WITHERS CLOSE is a very small detached house of 86m², built sometime between 1996 and 2002. It was last sold for £242,000 in July 2016, which was around 30% below the average July 2016 detached price in the Rutland local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

8 WITHERS CLOSE Sold Prices

Land registry data shows six sales for 8 WITHERS CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the six 8 WITHERS 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
2016 8 JUL	£242,000	£347,142	30% below HPI
2010 18 JAN	£198,000	£283,253	30% below HPI
2007 1 JUN	£215,000	£302,163	29% below HPI
2006 20 APR	£188,000	£271,923	31% below HPI
2001 16 NOV	£125,000	£165,139	24% below HPI
2000 27 OCT	£109,950	£152,199	28% below HPI

8 WITHERS 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 six 8 WITHERS CLOSE sales between October 2000 and July 2016 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 January 2010 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2016 sale, which was also at 30% below the HPI.

How Large is 8 WITHERS CLOSE?

8 WITHERS CLOSE is 86m² according to the EPC inspection conducted in September 2009. 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 WITHERS CLOSE lies on this distribution: 16% of detached houses are smaller than 8 WITHERS CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Oakham.

8 WITHERS CLOSE: Plot and Title Map

8 WITHERS CLOSE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 8 WITHERS 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 WITHERS 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 WITHERS CLOSE?

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