17, WITHERS CLOSE, OAKHAM, LE15 6GG - £191,250

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.

17 WITHERS CLOSE is a very small terraced house of 55m², built sometime between 1996 and 2002, which could now be worth an estimated £178,236. It was last sold for £191,250 in June 2022, which was around 21% below the average June 2022 terraced price in the Rutland local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

17 WITHERS CLOSE Sold Prices

Land registry data shows two sales for 17 WITHERS CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Rutland local authority area for the corresponding sale date. Both of the two 17 WITHERS 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
2022 24 JUN	£191,250	£242,249	21% below HPI
2000 1 DEC	£67,250	£68,501	2% below HPI

17 WITHERS 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 two 17 WITHERS CLOSE sales from December 2000 and June 2022 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 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 17 WITHERS CLOSE be worth now?

17 WITHERS CLOSE might now be worth an estimated £178,236.

This is based on house price deflation of 6.8%, between June 2022 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 6.8% deflationary decrease is applied to the most recent sale price for 17 WITHERS CLOSE of £191,250 on 24th June 2022. For the value to have decreased from £191,250 to £178,236 over the four years and one month to May 2026, the following assumptions must hold true:

• The value of 17 WITHERS CLOSE has moved in line with the HPI for terraced houses in the Rutland local authority area.
• The June 2022 sale price of £191,250 represented a fair market value for the property.
• The size, condition, and specification of 17 WITHERS CLOSE has not materially changed since June 2022.

How Large is 17 WITHERS CLOSE?

17 WITHERS CLOSE is 55m² according to the EPC inspection conducted in December 2021. This puts it in the smallest 10% 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 17 WITHERS CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 17 WITHERS CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Oakham.

17 WITHERS CLOSE: Plot and Title Map

17 WITHERS CLOSE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 17 WITHERS 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 17 WITHERS 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 17 WITHERS CLOSE?

17 WITHERS CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 17 on WITHERS CLOSE.