16, HARDWICK CLOSE, OAKHAM, LE15 6FF - £320,000

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.

16 HARDWICK CLOSE is a large detached house of 136m², built sometime between 1996 and 2002, which could now be worth an estimated £525,000. It was last sold for £320,000 in November 2013, which was around 8% above the average November 2013 detached price in the Rutland local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

16 HARDWICK CLOSE Sold Prices

Land registry data shows two sales for 16 HARDWICK 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 16 HARDWICK 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
2013 12 NOV	£320,000	£295,626	8% above HPI
1999 12 FEB	£138,950	£98,818	41% above HPI

16 HARDWICK 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 16 HARDWICK CLOSE sales from February 1999 and November 2013 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 1999 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the November 2013 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 16 HARDWICK CLOSE be worth now?

16 HARDWICK CLOSE might now be worth an estimated £525,000.

This is based on house price inflation of 64.1%, between November 2013 and June 2025, for detached 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 64.1% inflationary increase is applied to the most recent sale price for 16 HARDWICK CLOSE of £320,000 on 12th November 2013. For the value to have increased from £320,000 to £525,000 over the twelve years and five months to June 2025, the following assumptions must hold true:

• The value of 16 HARDWICK CLOSE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The November 2013 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 16 HARDWICK CLOSE has not materially changed since November 2013.

How Large is 16 HARDWICK CLOSE?

16 HARDWICK CLOSE is 136m² according to the EPC inspection conducted in February 2011. This puts it in the largest 40% of detached houses houses in Oakham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakham, and where 16 HARDWICK CLOSE lies on this distribution: 67% of detached houses houses are smaller than 16 HARDWICK CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Oakham.

16 HARDWICK CLOSE: Plot and Title Map

16 HARDWICK CLOSE sits on a plot of roughly 31.7 acres, or 128,484m². The below map shows the location of 16 HARDWICK 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 16 HARDWICK 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 16 HARDWICK CLOSE?

16 HARDWICK CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 16 on HARDWICK CLOSE.