7, OVAL CLOSE, NORTH LUFFENHAM, OAKHAM, LE15 8LB - £272,500

7 OVAL CLOSE is a very small extended detached house of 93m², built sometime between 1950 and 1966. It was last sold for £272,500 in December 2015, which was around 21% below the average December 2015 detached price in the Rutland local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

7 OVAL CLOSE Sold Prices

Land registry data shows three sales for 7 OVAL 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. All of the three 7 OVAL 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
2015 18 DEC	£272,500	£345,479	21% below HPI
2007 19 JAN	£239,950	£278,796	14% below HPI
2003 16 SEP	£170,500	£248,769	31% below HPI

7 OVAL 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 7 OVAL CLOSE sales between September 2003 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 January 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the December 2015 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 7 OVAL CLOSE?

7 OVAL CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses in North Luffenham, based on EPC data. The below chart shows the distribution of detached houses by size in North Luffenham, and where 7 OVAL CLOSE lies on this distribution: 14% of detached houses are smaller than 7 OVAL CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in North Luffenham.

7 OVAL CLOSE: Plot and Title Map

7 OVAL CLOSE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 7 OVAL 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 7 OVAL 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 7 OVAL CLOSE?

7 OVAL CLOSE is located in NORTH LUFFENHAM, in the LE15 postcode district. The below map shows the position of No. 7 on OVAL CLOSE.