14, SCULTHORPE CLOSE, OAKHAM, LE15 6FJ - £195,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 SCULTHORPE CLOSE is a midsized terraced house of 122m², built sometime between 2003 and 2006, which could now be worth an estimated £259,555. It was last sold for £195,000 in August 2015, which was around 15% above the average August 2015 terraced price in the Rutland local authority area. The most recent EPC inspection was February 2011, where the current energy rating was B, and the potential energy rating was B.

14 SCULTHORPE CLOSE Sold Prices

Land registry data shows four sales for 14 SCULTHORPE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Rutland local authority area for the corresponding sale date. All of the four 14 SCULTHORPE CLOSE sales 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
2015 5 AUG	£195,000	£169,614	15% above HPI
2015 30 JUN	£205,000	£158,866	29% above HPI
2007 29 MAR	£203,500	£153,603	32% above HPI
2004 30 APR	£195,000	£115,764	68% above HPI

14 SCULTHORPE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Rutland local authority area over time, sourced from the HPI. The four 14 SCULTHORPE CLOSE sales between April 2004 and August 2015 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 June 2015 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the August 2015 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 14 SCULTHORPE CLOSE be worth now?

14 SCULTHORPE CLOSE might now be worth an estimated £259,555.

This is based on house price inflation of 33.1%, between August 2015 and May 2026, for terraced houses, in the Rutland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.1% inflationary increase is applied to the most recent sale price for 14 SCULTHORPE CLOSE of £195,000 on 5th August 2015. For the value to have increased from £195,000 to £259,555 over the eleven years and three months to May 2026, the following assumptions must hold true:

• The value of 14 SCULTHORPE CLOSE has moved in line with the HPI for terraced houses in the Rutland local authority area.
• The August 2015 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 14 SCULTHORPE CLOSE has not materially changed since August 2015.

How Large is 14 SCULTHORPE CLOSE?

14 SCULTHORPE CLOSE is 122m² according to the EPC inspection conducted in February 2011. This puts it in the largest 50% of terraced houses houses in Oakham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Oakham, and where 14 SCULTHORPE CLOSE lies on this distribution: 54% of terraced houses houses are smaller than 14 SCULTHORPE CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Oakham.

14 SCULTHORPE CLOSE: Plot and Title Map

14 SCULTHORPE CLOSE sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 14 SCULTHORPE 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 14 SCULTHORPE 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 14 SCULTHORPE CLOSE?

14 SCULTHORPE CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 14 on SCULTHORPE CLOSE.