9, CUTTING LANE, SOUTH LUFFENHAM, OAKHAM, LE15 8NJ - £372,500

9 CUTTING LANE is a very small extended detached house of 111m², built sometime between 1976 and 1982. It was last sold for £372,500 in March 2021, which was around 16% below the average March 2021 detached price in the Rutland local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

9 CUTTING LANE Sold Prices

Land registry data shows three sales for 9 CUTTING LANE 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 9 CUTTING 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
2021 5 MAR	£372,500	£442,425	16% below HPI
2003 27 OCT	£199,950	£242,190	17% below HPI
1997 30 JUN	£94,000	£103,214	9% below HPI

9 CUTTING 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 three 9 CUTTING LANE sales between June 1997 and March 2021 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 October 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 9 CUTTING LANE?

9 CUTTING LANE is 111m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses in South Luffenham, based on EPC data. The below chart shows the distribution of detached houses by size in South Luffenham, and where 9 CUTTING LANE lies on this distribution: 12% of detached houses are smaller than 9 CUTTING LANE, and 86% of houses are larger. Note that EPC data is not available for all properties in South Luffenham.

9 CUTTING LANE: Plot and Title Map

9 CUTTING LANE sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 9 CUTTING 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 9 CUTTING 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 9 CUTTING LANE?

9 CUTTING LANE is located in SOUTH LUFFENHAM, in the LE15 postcode district. The below map shows the position of No. 9 on CUTTING LANE.