1, WHEATSHEAF LANE, GREETHAM, OAKHAM, LE15 7NS - £310,000

1 WHEATSHEAF LANE is a very small extended detached house of 89m², built sometime between 1967 and 1975. It was last sold for £310,000 in May 2023, which was around 39% below the average May 2023 detached price in the Rutland local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was C.

1 WHEATSHEAF LANE Sold Prices

Land registry data shows two sales for 1 WHEATSHEAF LANE 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 1 WHEATSHEAF LANE 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
2023 9 MAY	£310,000	£506,200	39% below HPI
2020 17 MAR	£205,000	£423,137	52% below HPI

1 WHEATSHEAF LANE 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 1 WHEATSHEAF LANE sales from March 2020 and May 2023 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 March 2020 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the May 2023 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 1 WHEATSHEAF LANE?

1 WHEATSHEAF LANE is 89m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% of detached houses in Greetham, based on EPC data. The below chart shows the distribution of detached houses by size in Greetham, and where 1 WHEATSHEAF LANE lies on this distribution: 3% of detached houses are smaller than 1 WHEATSHEAF LANE, and 94% of houses are larger. Note that EPC data is not available for all properties in Greetham.

1 WHEATSHEAF LANE: Plot and Title Map

1 WHEATSHEAF LANE sits on a plot of roughly 0.247 of an acre, or 1,000m². The below map shows the location of 1 WHEATSHEAF LANE, 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 1 WHEATSHEAF LANE). 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 1 WHEATSHEAF LANE?

1 WHEATSHEAF LANE is located in GREETHAM, in the LE15 postcode district. The below map shows the position of No. 1 on WHEATSHEAF LANE.