20, KENNEDY CLOSE, OAKHAM, LE15 6LL - £295,000

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.

20 KENNEDY CLOSE is a small extended detached house of 107m², built sometime between 1967 and 1975, which could now be worth an estimated £291,640. It was last sold for £295,000 in October 2020, which was around 32% below the average October 2020 detached price in the Rutland local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

20 KENNEDY CLOSE Sold Prices

Land registry data shows two sales for 20 KENNEDY 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 20 KENNEDY 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
2020 16 OCT	£295,000	£432,048	32% below HPI
1996 22 MAR	£63,500	£84,040	24% below HPI

20 KENNEDY 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 20 KENNEDY CLOSE sales from March 1996 and October 2020 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 March 1996 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 20 KENNEDY CLOSE be worth now?

20 KENNEDY CLOSE might now be worth an estimated £291,640.

This is based on house price deflation of 1.1%, between October 2020 and May 2026, 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 1.1% deflationary decrease is applied to the most recent sale price for 20 KENNEDY CLOSE of £295,000 on 16th October 2020. For the value to have decreased from £295,000 to £291,640 over the six years and five months to May 2026, the following assumptions must hold true:

• The value of 20 KENNEDY CLOSE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The October 2020 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 20 KENNEDY CLOSE has not materially changed since October 2020.

How Large is 20 KENNEDY CLOSE?

20 KENNEDY CLOSE is 107m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the smallest 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 20 KENNEDY CLOSE lies on this distribution: 39% of detached houses houses are smaller than 20 KENNEDY CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Oakham.

20 KENNEDY CLOSE: Plot and Title Map

20 KENNEDY CLOSE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 20 KENNEDY 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 20 KENNEDY 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 20 KENNEDY CLOSE?

20 KENNEDY CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 20 on KENNEDY CLOSE.