9, JAY CLOSE, OAKHAM, LE15 6BJ - £290,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

9 JAY CLOSE is a large extended detached house of 137m², built sometime between 1983 and 1990. It was last sold for £290,000 in February 2016, which was around 18% below the average February 2016 detached price in the Rutland local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

9 JAY CLOSE Sold Prices

Land registry data shows three sales for 9 JAY 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 9 JAY 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 12 FEB	£290,000	£354,901	18% below HPI
2006 3 FEB	£235,000	£272,043	14% below HPI
2003 22 OCT	£217,000	£242,190	10% below HPI

9 JAY 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 JAY CLOSE sales between October 2003 and February 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 February 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2016 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 9 JAY CLOSE?

9 JAY CLOSE is 137m², which includes one extension, according to the EPC inspection conducted in October 2015. 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 JAY CLOSE lies on this distribution: 66% of detached houses are smaller than 9 JAY CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Oakham.

9 JAY CLOSE: Plot and Title Map

9 JAY CLOSE sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 9 JAY 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 JAY 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 JAY CLOSE?

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