1, POND LANE, GREETHAM, OAKHAM, LE15 7NW - £690,000

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 POND LANE is a very large extended detached house of 245m², built sometime before 1900, which could now be worth an estimated £804,628. It was last sold for £690,000 in December 2019, which was around 65% above the average December 2019 detached price in the Rutland local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

1 POND LANE Sold Prices

Land registry data shows three sales for 1 POND 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. Two of the three 1 POND LANE sales were for above the average price, whilst one was 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
2019 16 DEC	£690,000	£417,204	65% above HPI
2011 21 JAN	£320,000	£284,043	13% above HPI
1995 13 APR	£73,000	£88,174	17% below HPI

1 POND 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 1 POND LANE sales between April 1995 and December 2019 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 2011 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the December 2019 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might 1 POND LANE be worth now?

1 POND LANE might now be worth an estimated £804,628.

This is based on house price inflation of 16.6%, between December 2019 and February 2025, 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 16.6% inflationary increase is applied to the most recent sale price for 1 POND LANE of £690,000 on 16th December 2019. For the value to have increased from £690,000 to £804,628 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 POND LANE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The December 2019 sale price of £690,000 represented a fair market value for the property.
• The size, condition, and specification of 1 POND LANE has not materially changed since December 2019.

How Large is 1 POND LANE?

1 POND LANE is 245m², which includes three extensions, according to the EPC inspection conducted in August 2018. This puts it in the largest 10% of detached houses houses in Greetham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Greetham, and where 1 POND LANE lies on this distribution: 93% of detached houses houses are smaller than 1 POND LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Greetham.

1 POND LANE: Plot and Title Map

1 POND LANE sits on a plot of roughly 0.261 of an acre, or 1,056m². The below map shows the location of 1 POND 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 POND 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 POND LANE?

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