3, CLARESHOLM CLOSE, OAKHAM, LE15 6UR - £332,000

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.

3 CLARESHOLM CLOSE is a small detached house of 91m², built sometime between 1976 and 1982, which could now be worth an estimated £491,956. It was last sold for £332,000 in December 2015, which was around 1% above the average December 2015 detached price in the Rutland local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

3 CLARESHOLM CLOSE Sold Prices

Land registry data shows three sales for 3 CLARESHOLM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. Two of the three 3 CLARESHOLM CLOSE sales were for above the average price, whilst one was 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
2015 1 DEC	£332,000	£327,313	1% above HPI
2002 29 OCT	£220,000	£191,766	15% above HPI
1996 3 MAY	£76,250	£87,333	13% below HPI

3 CLARESHOLM 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 three 3 CLARESHOLM CLOSE sales between May 1996 and December 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 October 2002 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the December 2015 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 3 CLARESHOLM CLOSE be worth now?

3 CLARESHOLM CLOSE might now be worth an estimated £491,956.

This is based on house price inflation of 48.2%, between December 2015 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 48.2% inflationary increase is applied to the most recent sale price for 3 CLARESHOLM CLOSE of £332,000 on 1st December 2015. For the value to have increased from £332,000 to £491,956 over the ten years and six months to June 2025, the following assumptions must hold true:

• The value of 3 CLARESHOLM CLOSE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The December 2015 sale price of £332,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CLARESHOLM CLOSE has not materially changed since December 2015.

How Large is 3 CLARESHOLM CLOSE?

3 CLARESHOLM CLOSE is 91m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% 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 3 CLARESHOLM CLOSE lies on this distribution: 22% of detached houses houses are smaller than 3 CLARESHOLM CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Oakham.

3 CLARESHOLM CLOSE: Plot and Title Map

3 CLARESHOLM CLOSE sits on a plot of roughly 48.3 acres, or 195,267m². The below map shows the location of 3 CLARESHOLM 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 3 CLARESHOLM 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 3 CLARESHOLM CLOSE?

3 CLARESHOLM CLOSE is located in OAKHAM, in the LE15 postcode district. The below map shows the position of No. 3 on CLARESHOLM CLOSE.