12, TEES CLOSE, OAKHAM, LE15 6SP - £215,000

12 TEES CLOSE is a small detached house of 99m², built sometime between 1950 and 1966. It was last sold for £215,000 in May 2012, which was around 27% below the average May 2012 detached price in the Rutland local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

12 TEES CLOSE Sold Prices

Land registry data shows two sales for 12 TEES CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. Both of the two 12 TEES 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
2012 25 MAY	£215,000	£294,670	27% below HPI
2000 8 DEC	£100,000	£150,275	33% below HPI

12 TEES 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 two 12 TEES CLOSE sales from December 2000 and May 2012 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 December 2000 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2012 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 12 TEES CLOSE?

12 TEES CLOSE is 99m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 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 12 TEES CLOSE lies on this distribution: 31% of detached houses are smaller than 12 TEES CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Oakham.

12 TEES CLOSE: Plot and Title Map

12 TEES CLOSE sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 12 TEES 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 12 TEES 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 12 TEES CLOSE?

12 TEES CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 12 on TEES CLOSE.