10, REEVES LANE, WING, OAKHAM, LE15 8SD - £482,500

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.

10 REEVES LANE is a very large extended detached house of 320m², built sometime between 1967 and 1975, which could now be worth an estimated £919,272. It was last sold for £482,500 in September 2009, which was around 89% above the average September 2009 detached price in the Rutland local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was D.

10 REEVES LANE Sold Prices

Land registry data shows two sales for 10 REEVES 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 10 REEVES LANE 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
2009 11 SEP	£482,500	£255,357	89% above HPI
2002 12 FEB	£193,000	£167,137	15% above HPI

10 REEVES 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 10 REEVES LANE sales from February 2002 and September 2009 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 2002 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the September 2009 sale, where it rises to 89% above the HPI. The line then continues to track at 89% above the HPI.

What might 10 REEVES LANE be worth now?

10 REEVES LANE might now be worth an estimated £919,272.

This is based on house price inflation of 90.5%, between September 2009 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 90.5% inflationary increase is applied to the most recent sale price for 10 REEVES LANE of £482,500 on 11th September 2009. For the value to have increased from £482,500 to £919,272 over the sixteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 10 REEVES LANE has moved in line with the HPI for detached houses in the Rutland local authority area.
• The September 2009 sale price of £482,500 represented a fair market value for the property.
• The size, condition, and specification of 10 REEVES LANE has not materially changed since September 2009.

How Large is 10 REEVES LANE?

10 REEVES LANE is 320m², which includes two extensions, according to the EPC inspection conducted in April 2009. This puts it in the largest 10% of detached houses houses in Wing, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wing, and where 10 REEVES LANE lies on this distribution: 93% of detached houses houses are smaller than 10 REEVES LANE, and 7% of houses are larger. Note that EPC data is not available for all properties in Wing.

10 REEVES LANE: Plot and Title Map

10 REEVES LANE sits on a plot of roughly 0.300 of an acre, or 1,213m². The below map shows the location of 10 REEVES 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 10 REEVES 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 10 REEVES LANE?

10 REEVES LANE is located in WING, in the LE15 postcode district. The below map shows the position of No. 10 on REEVES LANE.