12, GRIFFITHS CLOSE, OAKHAM, LE15 6FP - £172,500

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.

12 GRIFFITHS CLOSE is a detached house, which could now be worth an estimated £410,580. It was last sold for £172,500 in June 2002, which was around 4% below the average June 2002 detached price in the Rutland local authority area.

12 GRIFFITHS CLOSE Sold Prices

Land registry data shows two sales for 12 GRIFFITHS 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. One of the two 12 GRIFFITHS CLOSE sales was for below the average price, whilst the other was for above 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
2002 18 JUN	£172,500	£179,452	4% below HPI
1999 21 JAN	£107,500	£102,528	5% above HPI

What might 12 GRIFFITHS CLOSE be worth now?

12 GRIFFITHS CLOSE might now be worth an estimated £410,580.

This is based on house price inflation of 138%, between June 2002 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 138% inflationary increase is applied to the most recent sale price for 12 GRIFFITHS CLOSE of £172,500 on 18th June 2002. For the value to have increased from £172,500 to £410,580 over the 24 years and one month to May 2026, the following assumptions must hold true:

• The value of 12 GRIFFITHS CLOSE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The June 2002 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of 12 GRIFFITHS CLOSE has not materially changed since June 2002.

Where is 12 GRIFFITHS CLOSE?

12 GRIFFITHS CLOSE is located in OAKHAM, in the LE15 postcode district.