9, IRWELL CLOSE, OAKHAM, LE15 6SX - £320,000

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

9 IRWELL CLOSE is a large detached house of 135m², built sometime between 1996 and 2002. It was last sold for £320,000 in October 2017, which was around 17% below the average October 2017 detached price in the Rutland local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

9 IRWELL CLOSE Sold Prices

Land registry data shows three sales for 9 IRWELL 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. One of the three 9 IRWELL CLOSE sales was for below the average price, whilst two 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
2017 13 OCT	£320,000	£384,079	17% below HPI
2003 10 OCT	£249,950	£242,190	3% above HPI
2000 13 JAN	£145,000	£139,912	4% above HPI

9 IRWELL 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 9 IRWELL CLOSE sales between January 2000 and October 2017 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 October 2003 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the October 2017 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 9 IRWELL CLOSE?

9 IRWELL CLOSE is 135m² according to the EPC inspection conducted in May 2012. This puts it in the largest 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 9 IRWELL CLOSE lies on this distribution: 65% of detached houses are smaller than 9 IRWELL CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Oakham.

9 IRWELL CLOSE: Plot and Title Map

9 IRWELL CLOSE sits on a plot of roughly 57.3 acres, or 232,001m². The below map shows the location of 9 IRWELL 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 9 IRWELL 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 9 IRWELL CLOSE?

9 IRWELL CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 9 on IRWELL CLOSE.