31, NORTH BROOK CLOSE, GREETHAM, OAKHAM, LE15 7SD - £390,000

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.

31 NORTH BROOK CLOSE is a very small detached house of 117m², built in 2016, which could now be worth an estimated £348,623. It was last sold for £390,000 in August 2024, which was around 18% below the average August 2024 detached price in the Rutland local authority area. The most recent EPC inspection was November 2017, where the current energy rating was B, and the potential energy rating was B.

31 NORTH BROOK CLOSE Sold Prices

Land registry data shows two sales for 31 NORTH BROOK 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 31 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
2024 30 AUG	£390,000	£477,822	18% below HPI
2017 20 NOV	£309,995	£373,309	17% below HPI

31 NORTH BROOK 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 31 NORTH BROOK CLOSE sales from November 2017 and August 2024 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 November 2017 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2024 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 31 NORTH BROOK CLOSE be worth now?

31 NORTH BROOK CLOSE might now be worth an estimated £348,623.

This is based on house price deflation of 10.6%, between August 2024 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 10.6% deflationary decrease is applied to the most recent sale price for 31 NORTH BROOK CLOSE of £390,000 on 30th August 2024. For the value to have decreased from £390,000 to £348,623 over the two years and three months to May 2026, the following assumptions must hold true:

• The value of 31 NORTH BROOK CLOSE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The August 2024 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 31 NORTH BROOK CLOSE has not materially changed since August 2024.

How Large is 31 NORTH BROOK CLOSE?

31 NORTH BROOK CLOSE is 117m² according to the EPC inspection conducted in November 2017. This puts it in the smallest 20% of detached houses houses in Greetham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Greetham, and where 31 NORTH BROOK CLOSE lies on this distribution: 16% of detached houses houses are smaller than 31 NORTH BROOK CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Greetham.

31 NORTH BROOK CLOSE: Plot and Title Map

31 NORTH BROOK CLOSE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 31 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 31 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 31 NORTH BROOK CLOSE?

31 NORTH BROOK CLOSE is located in GREETHAM, in the LE15 postcode district. The below map shows the position of No. 31 on NORTH BROOK CLOSE.