1, WELL STREET, LANGHAM, OAKHAM, LE15 7JS - £340,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 WELL STREET is a midsized detached house of 151m², built sometime between 2003 and 2006. It was last sold for £340,000 in July 2015, which was around 4% above the average July 2015 detached price in the Rutland local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

1 WELL STREET Sold Prices

Land registry data shows four sales for 1 WELL STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Rutland local authority area for the corresponding sale date. All of the four 1 WELL STREET sales were 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
2015 10 JUL	£340,000	£325,999	4% above HPI
2010 26 FEB	£335,000	£302,996	11% above HPI
2006 9 JAN	£321,000	£272,120	18% above HPI
2002 1 NOV	£258,600	£210,256	23% above HPI

1 WELL STREET 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 four 1 WELL STREET sales between November 2002 and July 2015 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 February 2010 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2015 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 1 WELL STREET?

1 WELL STREET is 151m² according to the EPC inspection conducted in February 2009. This puts it in the largest 50% of detached houses in Langham, based on EPC data. The below chart shows the distribution of detached houses by size in Langham, and where 1 WELL STREET lies on this distribution: 53% of detached houses are smaller than 1 WELL STREET, and 47% of houses are larger. Note that EPC data is not available for all properties in Langham.

1 WELL STREET: Plot and Title Map

1 WELL STREET sits on a plot of roughly 0.114 of an acre, or 461m². The below map shows the location of 1 WELL STREET, 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 WELL STREET). 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 WELL STREET?

1 WELL STREET is located in LANGHAM, in the LE15 postcode district. The below map shows the position of No. 1 on WELL STREET.