9, REES CLOSE, UPPINGHAM, OAKHAM, LE15 9ST - £280,000

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 REES CLOSE is a midsized extended detached house of 129m², built sometime between 1983 and 1990. It was last sold for £280,000 in August 2010, which was around 6% below the average August 2010 detached price in the Rutland local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.

9 REES CLOSE Sold Prices

Land registry data shows three sales for 9 REES 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 REES 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
2010 19 AUG	£280,000	£298,154	6% below HPI
1999 8 SEP	£147,500	£124,383	19% above HPI
1996 5 JAN	£95,000	£94,061	1% above HPI

9 REES 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 REES CLOSE sales between January 1996 and August 2010 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 September 1999 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2010 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 9 REES CLOSE?

9 REES CLOSE is 129m², which includes two extensions, according to the EPC inspection conducted in September 2024. This puts it in the largest 50% of detached houses in Uppingham, based on EPC data. The below chart shows the distribution of detached houses by size in Uppingham, and where 9 REES CLOSE lies on this distribution: 54% of detached houses are smaller than 9 REES CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Uppingham.

9 REES CLOSE: Plot and Title Map

9 REES CLOSE sits on a plot of roughly 0.145 of an acre, or 589m². The below map shows the location of 9 REES 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 REES 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 REES CLOSE?

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