1, HALL CLOSE, EMPINGHAM, OAKHAM, LE15 8PE - £240,000

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.

1 HALL CLOSE is a very small terraced house of 63m², built sometime between 1983 and 1990, which could now be worth an estimated £273,666. It was last sold for £240,000 in November 2018, which was around 21% above the average November 2018 terraced price in the Rutland local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was B.

1 HALL CLOSE Sold Prices

Land registry data shows one sale for 1 HALL CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Rutland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 9 NOV	£240,000	£197,992	21% above HPI

What might 1 HALL CLOSE be worth now?

1 HALL CLOSE might now be worth an estimated £273,666.

This is based on house price inflation of 14%, between November 2018 and May 2026, for terraced 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 14% inflationary increase is applied to the most recent sale price for 1 HALL CLOSE of £240,000 on 9th November 2018. For the value to have increased from £240,000 to £273,666 over the eight years and six months to May 2026, the following assumptions must hold true:

• The value of 1 HALL CLOSE has moved in line with the HPI for terraced houses in the Rutland local authority area.
• The November 2018 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 1 HALL CLOSE has not materially changed since November 2018.

How Large is 1 HALL CLOSE?

1 HALL CLOSE is 63m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of terraced houses in Empingham, based on EPC data. The below chart shows the distribution of terraced houses by size in Empingham, and where 1 HALL CLOSE lies on this distribution: 6% of terraced houses are smaller than 1 HALL CLOSE, and 94% of terraced houses are larger. Note that EPC data is not available for all properties in Empingham.

1 HALL CLOSE: Plot

1 HALL CLOSE sits on a plot of roughly 0.115 of an acre, or 466m².

Where is 1 HALL CLOSE?

1 HALL CLOSE is located in EMPINGHAM, in the LE15 postcode district.