21, NORTH BROOK CLOSE, GREETHAM, OAKHAM, LE15 7SD - £220,000

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.

21 NORTH BROOK CLOSE is a very small semi-detached house of 74m², built in 2016, which could now be worth an estimated £240,548. It was last sold for £220,000 in March 2020, which was around 13% below the average March 2020 semi-detached price in the Rutland local authority area. The most recent EPC inspection was February 2017, where the current energy rating was B, and the potential energy rating was B.

21 NORTH BROOK CLOSE Sold Prices

Land registry data shows three sales for 21 NORTH BROOK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Rutland local authority area for the corresponding sale date. All of the three 21 NORTH BROOK 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 11 MAR	£220,000	£252,289	13% below HPI
2019 28 MAY	£200,000	£239,641	17% below HPI
2017 28 FEB	£199,995	£215,274	7% below HPI

21 NORTH BROOK CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Rutland local authority area over time, sourced from the HPI. The three 21 NORTH BROOK CLOSE sales between February 2017 and March 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 May 2019 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2020 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 21 NORTH BROOK CLOSE be worth now?

21 NORTH BROOK CLOSE might now be worth an estimated £240,548.

This is based on house price inflation of 9.3%, between March 2020 and May 2026, for semi-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 9.3% inflationary increase is applied to the most recent sale price for 21 NORTH BROOK CLOSE of £220,000 on 11th March 2020. For the value to have increased from £220,000 to £240,548 over the five years and ten months to May 2026, the following assumptions must hold true:

• The value of 21 NORTH BROOK CLOSE has moved in line with the HPI for semi-detached houses in the Rutland local authority area.
• The March 2020 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 21 NORTH BROOK CLOSE has not materially changed since March 2020.

How Large is 21 NORTH BROOK CLOSE?

21 NORTH BROOK CLOSE is 74m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of semi-detached houses houses in Greetham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Greetham, and where 21 NORTH BROOK CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 21 NORTH BROOK CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Greetham.

21 NORTH BROOK CLOSE: Plot and Title Map

21 NORTH BROOK CLOSE sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 21 NORTH BROOK 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 21 NORTH BROOK 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 21 NORTH BROOK CLOSE?

21 NORTH BROOK CLOSE is located in GREETHAM, in the LE15 postcode district. The below map shows the position of No. 21 on NORTH BROOK CLOSE.